Section 62-5-418. Fiduciary letters of conservatorship.

SC Code § 62-5-418 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(A) Fiduciary letters of conservatorship are evidence of transfer of all title of the assets of a protected person to the conservator unless otherwise provided in the court's order. An order terminating a conservatorship transfers all assets of the estate from the conservator to the protected person or his successors. Fiduciary letters and terminations of appointment must be filed and recorded in the office where conveyances of real estate are recorded for the county in which the protected person resides and in the counties of this State or other jurisdictions where the protected person owns real estate.

(B) Conservators may file fiduciary letters of conservatorship with credit reporting agencies or other entities or persons, as appropriate.

HISTORY: 1986 Act No. 539, Section 1. Formerly Code 1976 Section 62-5-421, renumbered and amended by 2017 Act No. 87 (S.415), Section 5.A, eff January 1, 2019.

Editor's Note

Prior Laws: Former Section 62-5-418 was titled Inventory and records, and had the following history: 1986 Act No. 539, Section 1. See now, Code 1976 Section 62-5-415.