(A) Except as otherwise provided in subsections (B) and (C), the interest of a protected person in property vested in a conservator is not transferable or assignable by the protected person.

(B) A person without knowledge of the conservatorship who in good faith and for security or substantially equivalent value receives delivery from a protected person of tangible personal property of a type normally transferred by delivery of possession is protected.

Terms Used In South Carolina Code 62-5-421

  • Personal property: All property that is not real property.

(C) A third party who deals with the protected person in good faith with respect to property vested in a conservator is entitled to any protection provided by law.