South Carolina Code > Title 56 > Chapter 5 > Article 40 – Disposition of Motor Vehicles by a Salvage Pool Operator Subject to an Insurance Claim
Current as of: 2023 | Check for updates
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Other versions
| § 56-5-5710 | Disposition of a motor vehicle by a salvage pool operator |
Terms Used In South Carolina Code > Title 56 > Chapter 5 > Article 40 - Disposition of Motor Vehicles by a Salvage Pool Operator Subject to an Insurance Claim
- Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.