This chapter applies to institutional funds existing on or established after its effective date. As applied to institutional funds existing on the effective date of this chapter, this chapter governs only decisions made or actions taken on or after that date.
S.C. Code Ann. § 34-6-80
Application to existing institutional funds
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.