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SC H3914

Bill

Official Source

Status

Introduced

2/6/2025

Primary Sponsor

Beth Bernstein

Click for details

Origin

House of Representatives

126th General Assembly

AI Summary

  • Expands the definition of "account" under South Carolina probate code (Section 62-6-101) to include patronage capital accounts of electric cooperatives and telephone cooperatives
  • References Sections 33-49-460 and 33-46-460, which govern electric and telephone cooperative patronage capital
  • Previously, "account" only referred to deposit contracts with financial institutions such as checking accounts, savings accounts, certificates of deposit, and share accounts
  • Effective date: July 1, 2025

Legislative Description

Probate

Last Action

Committed to Committee on Judiciary

4/9/2025

Committee Referrals

Judiciary4/9/2025
Labor, Commerce and Industry2/6/2025

Full Bill Text

No bill text available