South Carolina Statutes
§ 59-153-80 — Meetings in executive session, records exempt from disclosure where necessary.
South Carolina § 59-153-80
This text of South Carolina § 59-153-80 (Meetings in executive session, records exempt from disclosure where necessary.) 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. § 59-153-80 (2026).
Text
(A)Meetings by the board while acting as trustee of the endowment fund or by its fiduciary agents to deliberate about, or make tentative or final decisions on, investments or other financial matters may be in executive session if disclosure of the deliberations or decisions would jeopardize the ability to implement a decision or to achieve investment objectives.
(B)A record of the board or of its fiduciary agents that discloses deliberations about, or a tentative or final decision on, investments or other financial matters is exempt from the disclosure requirements of Chapter 4 of Title 30, the Freedom of Information Act, to the extent and so long as its disclosure would jeopardize the ability to implement an investment decision or program or to achieve investment objectives.
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Legislative History
HISTORY: 1999 Act No. 122, SECTION 2.
Nearby Sections
13
§ 59-153-10
Definitions.§ 59-153-30
Delegation of functions by trustee.§ 59-153-310
State Retirement Systems Investment Panel.§ 59-153-320
Proposal for annual investment plan.§ 59-153-330
Statement of policy and objectives.§ 59-153-60
Compliance by trustee or fiduciary.§ 59-153-70
Breach of duty; liability; insurance.§ 59-153-90
Investment reports.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-153-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/153/59-153-80.