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.
HISTORY: 1990 Act No. 390, Section 1, eff July 1, 1990; 2008 Act No. 289, Section 1, eff July 1, 2008.
Effect of Amendment
The 2008 amendment rewrote the section.
Structure South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
Chapter 6 - South Carolina Uniform Prudent Management Of Institutional Funds Act
Section 34-6-30. Standard of conduct in managing and investing institutional fund.
Section 34-6-50. Delegation of management and investment functions.
Section 34-6-60. Release or modification of restrictions on management, investment, or purpose.
Section 34-6-70. Review of compliance.
Section 34-6-80. Application to existing institutional funds.
Section 34-6-90. Relation to Electronic Signatures in Global and National Commerce Act.
Section 34-6-100. Uniformity of application and construction.