South Carolina Legislature

1976 South Carolina Code of Laws
Updated through the end of the 2015 Session


The South Carolina Legislative Council is offering access to the South Carolina Code of Laws on the Internet as a service to the public. The South Carolina Code on the General Assembly's website is now current through the 2015 session. The South Carolina Code, consisting only of Code text, numbering, history, and Effect of Amendment, Editorís, and Code Commissionerís notes may be copied from this website at the reader's expense and effort without need for permission.

The Legislative Council is unable to assist users of this service with legal questions. Also, legislative staff cannot respond to requests for legal advice or the application of the law to specific facts. Therefore, to understand and protect your legal rights, you should consult your own private lawyer regarding all legal questions.

While every effort was made to ensure the accuracy and completeness of the South Carolina Code available on the South Carolina General Assembly's website, this version of the South Carolina Code is not official, and the state agencies preparing this website and the General Assembly are not responsible for any errors or omissions which may occur in these files. Only the current published volumes of the South Carolina Code of Laws Annotated and any pertinent acts and joint resolutions contain the official version.

Please note that the Legislative Council is not able to respond to individual inquiries regarding research or the features, format, or use of this website. However, you may notify the Legislative Services Agency at regarding any apparent errors or omissions in content of Code sections on this website, in which case LSA will relay the information to appropriate staff members of the South Carolina Legislative Council for investigation.

Title 35 - Securities


Uniform Act for Simplification of Fiduciary Security Transfers [Repealed]

SECTIONS 35-7-10 to 35-7-120. Repealed by 2001 Act No. 67, Section 14, eff July 1, 2001.

Editor's Note

Former Section 35-7-10 was entitled "Short title" and was derived from 1962 Code Section 62-451; 1960 (51) 1685.

Former Section 35-7-20 was entitled "Definitions" and was derived from 1962 Code Section 62-452; 1960 (51) 1685.

Former Section 35-7-30 was entitled "One registering security in name of fiduciary need not inquire into fiduciary relationship" and was derived from 1962 Code Section 62-453; 1960 (51) 1685.

Former Section 35-7-40 was entitled "Permitted assumptions upon transfer of security pursuant to assignment by fiduciary; notice or examination of court records and other documents" and was derived from 1962 Code Section 62-454; 1960 (51) 1685.

Former Section 35-7-50 was entitled "Transfer pursuant to assignment by fiduciary who is not registered owner; evidence of appointment or incumbency" and was derived from 1962 Code Section 62-455; 1960 (51) 1685.

Former Section 35-7-60 was entitled "Claim of beneficial interest adverse to transfer; notice" and was derived from 1962 Code Section 62-456; 1960 (51) 1685.

Former Section 35-7-70 was entitled "No liability for acting as authorized by chapter" and was derived from 1962Code Section 62-457; 1960 (51) 1685.

Former Section 35-7-80 was entitled "Liability of participant in transaction in breach of fiduciary duty" and was derived from 1962 Code Section 62-458; 1960 (51) 1685.

Former Section 35-7-90 was entitled "Law applicable to corporation and its transfer agents in fiduciary security registration or transfer" and was derived from 1962 Code Section 62-459; 1960 (51) 1685.

Former Section 35-7-100 was entitled "Chapter applicable to others than corporations and transfer agents" and was derived from 1962 Code Section 62-460; 1960 (51) 1685.

Former Section 35-7-110 was entitled "Chapter inapplicable to obligations of corporation or transfer agent as to taxes" and was derived from 1962 Code Section 62-461; 1960 (51) 1685.

Former Section 35-7-120 was entitled "Construction" and was derived from 1962 Code Section 62-462; 1960 (51) 1685.

Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v