South Carolina Code 62-3-712. Improper exercise of power; breach of fiduciary duty
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 62-3-712
- Fiduciary: A trustee, executor, or administrator.
- Trustee: A person or institution holding and administering property in trust.
If the exercise of power concerning the estate is improper, the personal representative is liable to interested persons for damage or loss resulting from breach of his fiduciary duty to the same extent as a trustee of an express trust. The rights of purchasers and others dealing with a personal representative shall be determined as provided in §§ 62-3-713 and 62-3-714.