I am aware of SC abandoned property laws but is anyone aware of any inactive/dormant account laws that may exist? I'm wondering if there are SC state laws surrounding inactivity or dormant account fees or if that is purely driven by our contract with the customer????

SECTION 27-18-70. Demand, savings, or matured time deposits with banking or financial organizations.

(C) A holder may not impose with respect to property described in this section any charge in excess of one dollar a month due to dormancy or inactivity or cease payment of interest unless there is an enforceable written contract between the holder and the owner of the property pursuant to which the holder may impose a charge or cease payment of interest.

Thank you Randy.