{"data":{"id":"us-sc/s.c.-code-ann.-29-4-50","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 29-4-50","heading":"Treatment of loan payments and undisbursed funds for purposes of means-tested programs.","body":"(A) Reverse mortgage loan payments made to a borrower must be treated as proceeds from a loan and not as income for the purpose of determining eligibility and benefits under means-tested programs of aid to individuals.\n(B) Undisbursed funds must be treated as equity in a borrower's home and not as proceeds from a loan for the purpose of determining eligibility and benefits under means-tested programs of aid to individuals.\n(C) This section applies to any law relating to payments, allowances, benefits, or services provided on a means-tested basis by this State including, but not limited to, supplemental security income, low-income energy assistance, property tax relief, medical assistance, and general assistance.","path":["Title 29 - MORTGAGES AND OTHER LIENS","CHAPTER 4 Reverse Mortgages"],"source_url":"https://www.scstatehouse.gov/code/t29c004.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:58:19Z","sha256":"5074176cd6381e6fca0f7073014acf2ffe0c180112a8368dd4714cd05d40da6d","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-29-4-40","next":"us-sc/s.c.-code-ann.-29-4-60"},"notice":"GroundRules: Original legal text. Not legal advice."}