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.
Structure South Carolina Code of Laws
Chapter 5 - Nominee Registration Of Securities Held By Corporate Fiduciaries
Section 35-5-10. Bank and trust company fiduciaries may register and hold securities for nominees.
Section 35-5-20. Registration on request of principal or unincorporated fiduciary.
Section 35-5-40. Prohibition of registration by instrument creating fiduciary relationship.