S0755: Property transfer upon death

Legislative Summary

Amend The South Carolina Code Of Laws By Adding Part 4 To Article 6, Chapter 6, Title 62 So As To Provide For Transfer On Death Designations For Certain Categories Of Titled Personal Property; By Amending Section 50-23-60, Relating To Applications For Certificate Of Title For Watercraft Or Outboard Motors, So As To Provide For Transfer On Death Designations; By Amending Section 50-23-70, Relating To Fees For Watercraft And Outboard Motor Certificates Of Title So As To Establish A Fee For Transfer On Death Designations; By Amending Section 50-23-90, Relating To The Contents Of Watercraft And Outboard Motor Certificates Of Title, So As To Require Certain Information Regarding Transfer On Death Designations; By Amending Section 50-23-130, Relating To Transfer Of Ownership Of Watercraft And Outboard Motors By Operation Of Law, So As To Include Transfer On Death Designations; By Amending Section 56-19-290, Relating To Contents Of A Certificate Of Title Issued By The Department Of Motor Vehicles, So As To Require Certain Information Regarding Transfer On Death Designations; By Amending Section 56-19-420, Relating To Department Of Motor Vehicle Fees To Issue Or Transfer A Certificate Of Title, So As To Establish A Fee For Transfer On Death Designations; And By Amending Section 62-6-101, Relating To Definitions, So As To Revise And Include Certain Definitions Pertaining To Transfers On Death For Titled Personal Property.