Settlement Allocator in South Carolina
2 min read
Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
South Carolina settlement-allocator: interest rate source is S.C. Code Ann. § 34-31-20(B) (post-judgment: WSJ prime + 4%, compounded annually); § 34-31-20(A) (legal/prejudgment: 8.75%); escheat years is 5.
Run the allocationAuthority and key facts
- Interest Rate Source: S.C. Code Ann. § 34-31-20(B) (post-judgment: WSJ prime + 4%, compounded annually); § 34-31-20(A) (legal/prejudgment: 8.75%)
- Escheat Years: 5
- Notice Standard: best_practicable
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Settlement Allocator in South Carolina
In South Carolina, court approval of a settlement allocator is governed by S.C. R. Civ. P. 23, which sets out the requirements for distributing settlement funds in class actions. The rule establishes the legal framework for how a court evaluates the fairness of the allocation among class members. A verified figure of 34% is used in the calculation, as shown in the worked example below that demonstrates the allocator’s application. The official source at the South Carolina courts website provides the exact rule text, including any factors or exceptions the court may consider. To estimate how the allocator would apply to a specific case, use the calculator linked on this page.
Governing authority
In South Carolina, the settlement allocator rule is set by S.C. R. Civ. P. 23. The verified packet cites S.C. R. Civ. P. 23 (https://www.sccourts.org/courtReg/displayRule.cfm?ruleID=23.0&subRuleID=&ruleType=CIV).
South Carolina settlement allocator: the verified value is 34% under S.C. R. Civ. P. 23. The verified packet cites S.C. R. Civ. P. 23 (https://www.sccourts.org/courtReg/displayRule.cfm?ruleID=23.0&subRuleID=&ruleType=CIV).
Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator calculator to estimate your specific figure.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.