South Carolina § 20-3-640 - Declining values of contributions.
Full text of South Carolina South Carolina Code of Laws § 20-3-640 — Declining values of contributions., with citation guidance and answers to common questions.
§ 20-3-640. Declining values of contributions.
In determining the value of contributions prior to making an equitable apportionment, the court:
(1) shall make findings of fact from credible evidence of the values of property and services, if any;
(2) is empowered to take judicial notice of official reports of the federal and state governments, including official bulletins, publications, and reports of general public interest where these reports are made and published by authority of law or have been adopted by state statute;
(3) has the authority to appoint experts as necessary for the purpose of valuation of property and contributions and to assess the cost against any or all parties to the action.
HISTORY: 2008 Act No. 361, SECTION 3, eff June 16, 2008.
Editor's Note
Prior laws. 1986 Act No. 522 SECTION 1; 1976 Code SECTION 20-7-474.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 20-3-640
What does South Carolina Code of Laws § 20-3-640 cover?
Section 20-3-640 ("Declining values of contributions.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 20-3-640?
A common citation format is "South Carolina Code of Laws § 20-3-640" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 20-3-640 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.