S.C. Code § 62-5-419

Current through 2024 Act No. 225.
Section 62-5-419 - Sale or encumbrance involving conflict of interest

Pursuant to the procedures set forth in Section 62-5-428(B), the conservator shall obtain the court's prior approval of any transaction that is affected by a conflict of interest, including, but not limited to, a sale or encumbrance of assets of the protected person to or in favor of a conservator; an immediate family member of a conservator; an agent or attorney of conservator; or any corporation, trust, or other entity in which the conservator has a substantial beneficial interest.

S.C. Code § 62-5-419

Amended by 2017 S.C. Acts, Act No. 87 (SB 415), s 5, eff. 1/1/2019.
Amended by 2010 S.C. Acts, Act No. 244 (HB 3803), s 37, eff. 6/7/2010.
1986 Act No. 539, Section 1. Formerly Code 1976 Section 62-5-422, renumbered and amended by 2017 Act No. 87 (S.415), Section 5.A, eff 1/1/2019.