South Carolina § 27-18-140 - Unclaimed intangible property presumed abandoned; tax refund checks.
Full text of South Carolina South Carolina Code of Laws § 27-18-140 — Unclaimed intangible property presumed abandoned; tax refund checks., with citation guidance and answers to common questions.
§ 27-18-140. Unclaimed intangible property presumed abandoned; tax refund checks.
(A) Intangible property held for the owner by a court, state, or other government, governmental subdivision or agency, public corporation, or public authority which remains unclaimed by the owner for more than five years after becoming payable or distributable is presumed abandoned.
(B) Notwithstanding the provisions of subsection (A), tax refund checks as defined in Chapter 54 of Title 12 are presumed abandoned if unclaimed for a period of three months from the date the tax refund check was issued by the Department of Revenue.
(C) This chapter does not apply to tax refund checks mailed to an owner, and not presented for payment, but not returned to the Department of Revenue by the Post Office for an unknown, undeliverable, or insufficient address.
HISTORY: 1988 Act No. 658, Part II, SECTION 34A; 1992 Act No. 264, SECTION 1; 2005 Act No. 161, SECTION 26.C.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 27-18-140
What does South Carolina Code of Laws § 27-18-140 cover?
Section 27-18-140 ("Unclaimed intangible property presumed abandoned; tax refund checks.") 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 § 27-18-140?
A common citation format is "South Carolina Code of Laws § 27-18-140" (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 § 27-18-140 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.