South Carolina § 32-7-30 - Refunds upon written demand.
Full text of South Carolina South Carolina Code of Laws § 32-7-30 — Refunds upon written demand., with citation guidance and answers to common questions.
§ 32-7-30. Refunds upon written demand.
(A) Within thirty days of receipt of a written demand for refund by a purchaser who has paid funds for a preneed funeral contract pursuant to Section 32-7-20(A) or (B) the trustee shall refund to the purchaser the entire amount paid together with all interest, dividends, increases, or accretions earned on the fund except that the provider may retain ten percent of the earnings in the portion of the final year before termination.
(B) After making refund to the trustee pursuant to the provisions of subsection (A), the financial institution is relieved from further liability to any party.
(C) This section does not apply if the contract is irrevocable.
HISTORY: 1962 Code SECTION 11-173; 1973 (58) 339; 1989 Act No. 89, SECTION 1; 2009 Act No. 70, SECTION 1, eff July 1, 2009.
Effect of Amendment
The 2009 amendment made nonsubstantive changes in subsection (A), and, in subsection (B), deleted "or (B)" following "(A)".
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 32-7-30
What does South Carolina Code of Laws § 32-7-30 cover?
Section 32-7-30 ("Refunds upon written demand.") 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 § 32-7-30?
A common citation format is "South Carolina Code of Laws § 32-7-30" (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 § 32-7-30 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.