South Carolina Statutes
§ 9-12-100 — QEBA funds unsecured.
South Carolina § 9-12-100
This text of South Carolina § 9-12-100 (QEBA funds unsecured.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 9-12-100 (2026).
Text
Nothing in this chapter shall be construed as providing for assets to be held in trust or escrow or any form of asset segregation for members, retired members, or beneficiaries. To the extent any person acquires the right to receive benefits under a QEBA, the right shall be no greater than the right of any unsecured general creditor of the State of South Carolina.
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Legislative History
HISTORY: 2008 Act No. 311, SECTION 28, eff June 4, 2008.
Nearby Sections
12
§ 9-12-10
Definitions.§ 9-12-100
QEBA funds unsecured.§ 9-12-110
QEBA is a governmental plan.§ 9-12-120
No deduction for employer contributions.§ 9-12-30
Administration of QEBAs.§ 9-12-60
Amount of contributions to the QEBA.§ 9-12-80
No ability to defer.§ 9-12-90
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Bluebook (online)
South Carolina § 9-12-100, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/12/9-12-100.