{"data":{"id":"us-sc/s.c.-code-ann.-62-8-205","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 62-8-205","heading":"Tangible personal property.","body":"Unless the power of attorney otherwise provides and subject to Section 62-8-201, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:\n(1) demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;\n(2) sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or, otherwise dispose of tangible personal property or an interest in tangible personal property;\n(3) grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;\n(4) release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;\n(5) manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:\n(A) insuring against liability or casualty or other loss;\n(B) obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;\n(C) paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;\n(D) moving the property from place to place;\n(E) storing the property for hire or on a gratuitous bailment; and\n(F) using and making repairs, alterations, or improvements to the property;\n(6) change the form of title of an interest in tangible personal property; and\n(7) take possession and order the removal and shipment of property of the principal from a post, warehouse, depot, dock, or other place of storage or safekeeping, either governmental or private, and execute and deliver a release, voucher, receipt, bill of lading, shipping ticket, certificate, or other instrument for that purpose.","path":["Title 62 - SOUTH CAROLINA PROBATE CODE","ARTICLE 8 South Carolina Uniform Power of Attorney Act","Part 2 Authority"],"source_url":"https://www.scstatehouse.gov/code/t62c008.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T08:08:59Z","sha256":"bd2edf824ad8067956d4a8df7e89da772f9189020ec67218c7052a1705eae57d","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-62-8-204","next":"us-sc/s.c.-code-ann.-62-8-206"},"notice":"GroundRules: Original legal text. Not legal advice."}