If the administrator determines after investigation that any property delivered under this chapter has insubstantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. No action or proceeding may be maintained against the State or any officer or against the holder for or on account of any action taken by the administrator pursuant to this section.
S.C. Code Ann. § 27-18-290
Destruction or disposal by administrator of property with insubstantial commercial value; immunity from liability
Known as the Uniform Unclaimed Property Act
The act spans §§ 27–27 (44 sections).
1988 Act No. 658, Part II, SECTION 34A.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.