S.C. Code Regs. § § 19-1298

Current through Register Vol. 48, No. 11, November 22, 2024

Section 19-1298 - Unclaimed Refunds

A. In the event that a contributor fails to request a refund, after three years the refund will be paid to the Fund.

B. The Board shall annually review and approve the transfer of unclaimed refunds and inadvertent payments, when such refunds and inadvertent payments have remained unclaimed for seven years, from the accounts in which they are held to the Fund.

S.C. Code Regs. § 19-1298

Added by State Register Volume 22, Issue No. 6, Part 1, eff June 26, 1998.