South Carolina § 34-21-70 - Custody of securities.

Full text of South Carolina South Carolina Code of Laws § 34-21-70 — Custody of securities., with citation guidance and answers to common questions.

§ 34-21-70. Custody of securities.

The securities of the trust department for each individual trust shall be in the joint custody of two or more officers or other employees designated by the board of directors of the bank or trust company, as the case may be, and such officers or employees shall be bonded.

HISTORY: 1962 Code SECTION 8-586; 1952 Code SECTION 8-586; 1942 Code SECTION 7910; 1932 Code SECTION 7910; 1930 (36) 1367.

ARTICLE 3
Common Trust Funds

Source: official South Carolina text · Last verified 2026-08-27

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Frequently Asked Questions About South Carolina § 34-21-70

What does South Carolina Code of Laws § 34-21-70 cover?

Section 34-21-70 ("Custody of securities.") 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 § 34-21-70?

A common citation format is "South Carolina Code of Laws § 34-21-70" (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 § 34-21-70 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.