{"data":{"id":"us-sc/s.c.-code-ann.-27-6-30","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 27-6-30","heading":"Creation of property interests and powers of appointment.","body":"(A) Except as provided in subsections (B) and (C) and in SECTION 27-6-60(A), the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law.\n(B) If there is a person who alone can exercise a power created by a governing instrument to become the unqualified beneficial owner of (i) a nonvested property interest or (ii) a property interest subject to a power of appointment described in SECTION 27-6-20(B) or 27-6-20(C), the nonvested property interest or power of appointment is created when the power to become the unqualified beneficial owner terminates. A joint power with respect to community property or to marital property under a Uniform Marital Property Act held by individuals married to each other is a power exercisable by one person alone.\n(C) A nonvested property interest or a power of appointment arising from a transfer of property to a previously funded trust or other existing property arrangement is created when the nonvested property interest or power of appointment in the original contribution was created.","path":["Title 27 - PROPERTY AND CONVEYANCES","CHAPTER 6 Uniform Statutory Rule Against Perpetuities"],"source_url":"https://www.scstatehouse.gov/code/t27c006.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:55:24Z","sha256":"aefa61d7b04472aa71506bbec2014d64ac14ba2241342764924286bd9c7bd77b","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-27-6-20","next":"us-sc/s.c.-code-ann.-27-6-40"},"notice":"GroundRules: Original legal text. Not legal advice."}