Compliance with this chapter is determined in light of the facts and circumstances existing at the time a decision is made or action is taken, and not by hindsight.
S.C. Code Ann. § 34-6-70
Review of compliance
Known as the South Carolina Uniform Prudent Management of Institutional Funds Act
The act spans §§ 34–34 (10 sections).
1990 Act No. 390, SECTION 1, eff July 1, 1990; 2008 Act No. 289, SECTION 1, eff July 1, 2008.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.