No trust institution administering a collective investment fund shall issue any certificate or other document evidencing a direct or indirect interest in such fund in any form.
S.C. Code Ann. § 34-21-340
Certificates and other documents evidencing interest in fund shall not be issued
1962 Code SECTION 8-598; 1955 (49) 538; 1965 (54) 608.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.