If a foreign executor, administrator, or trustee assigns or transfers any stock or obligations in this State standing in the name of a decedent or in trust for a decedent, liable for tax under this chapter, the tax must be paid to the department on transfer.
S.C. Code Ann. § 12-16-1210
Tax on transfer of in-state stocks or obligations by foreign executor, administrator or trustee
Known as the South Carolina Estate Tax Act
The act spans §§ 12-16-10 to 12-16-930 (31 sections).
1987 Act No. 70, SECTION 1; 1988 Act No. 463, SECTION 10.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.