Record of a nonprofit organization's efforts to locate the lender as required by Section 27-45-30 or 27-45-40 must be retained by the nonprofit organization for a period of not less than ten years following the date the nonprofit organization claims title to the property.
HISTORY: 1987 Act No. 22, Section 1.
Structure South Carolina Code of Laws
Title 27 - Property and Conveyances
Chapter 45 - Abandoned And Loaned Cultural Property
Section 27-45-10. Definitions.
Section 27-45-20. Abandoned cultural property board.
Section 27-45-50. Retention of record of efforts to locate lender of property.
Section 27-45-60. Vesting of title to property in nonprofit organization.
Section 27-45-70. Certification by board of compliance with requirements of chapter.