A transfer resulting from the application of Section 62-6-202 is effective by reason of the terms of the account involved and this part and is not testamentary or subject to Articles 1 through 4 (estate administration) unless there is clear and convincing evidence that the deceased party did not intend for the account to be joint with right of survivorship.
HISTORY: 2013 Act No. 100, Section 2, eff January 1, 2014.
Structure South Carolina Code of Laws
Title 62 - South Carolina Probate Code
Article 6 - Nonprobate Transfers
Section 62-6-101. Definitions.
Section 62-6-102. Applicability of article.
Section 62-6-104. Short forms for single- and multiple-party accounts.
Section 62-6-105. Designation of agent; authority of agent.
Section 62-6-106. Applicability of Part 2.
Section 62-6-201. Ownership during lifetime.
Section 62-6-202. Right of survivorship.
Section 62-6-203. Rights of parties and beneficiaries.
Section 62-6-204. Transfers not testamentary.
Section 62-6-205. Rights of creditors.
Section 62-6-301. Contract of deposit for a multiple-party account.
Section 62-6-302. Multiple-party accounts may be paid on request to one or more parties.
Section 62-6-303. Payment of POD account.
Section 62-6-304. Payment to agent.