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§ 35-5-40 — South Carolina Law | CourtGPT
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  4. Title 35 - Securities/
  5. Chapter 5 - Nominee Registration of Securities Held by Corporate Fiduciaries/
  6. § 35-5-40
South Carolina Legal Code

§ 35-5-40

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The provisions of this chapter shall apply to any bank, trust company or national bank located in this State acting in a fiduciary capacity whether such fiduciary capacity arose before or is created after the effective date of this chapter, unless registration as provided in this chapter is prohibited by the will, judgment, decree or any other instrument creating the fiduciary relationship. HISTORY: 1962 Code Section 62-434; 1959 (51) 376.