South Carolina § 62-6-302 - Multiple-party accounts may be paid on request to one or more parties.
Full text of South Carolina South Carolina Code of Laws § 62-6-302 — Multiple-party accounts may be paid on request to one or more parties., with citation guidance and answers to common questions.
§ 62-6-302. Multiple-party accounts may be paid on request to one or more parties.
A financial institution, on request, may pay sums on deposit in a multiple-party account:
(1) to one or more of the parties, whether or not another party is disabled, incapacitated, or deceased when payment is requested and whether or not the party making the request survives another party;
(2) to the personal representative of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account either as a party or beneficiary, unless the account is without right of survivorship under Section 62-6-202; or
(3) in accordance with a court order directing the payment of the sums on deposit.
HISTORY: 2013 Act No. 100, SECTION 2, eff January 1, 2014.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 62-6-302
What does South Carolina Code of Laws § 62-6-302 cover?
Section 62-6-302 ("Multiple-party accounts may be paid on request to one or more parties.") 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 § 62-6-302?
A common citation format is "South Carolina Code of Laws § 62-6-302" (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 § 62-6-302 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.