S.C. Code § 34-28-640
Pledge to association of savings accounts in joint tenancy
South Carolina · South Carolina Code Title 34, Chapter 28 — Savings Associations · Status: effective
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- Citation
- S.C. Code § 34-28-640, Pledge to association of savings accounts in joint tenancy, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1577512
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Full text
The pledge or hypothecation to any association of all or part of a savings account in joint tenancy by any tenant or tenants, whether minor or adult, upon whose signature or signatures withdrawals may be made from the account is, unless the terms of the savings account provide specifically to the contrary, a valid pledge and transfer to the association of that part of the account pledged or hypothecated, and does not operate to sever or terminate the joint and survivorship ownership of all or any part of the account.