South Carolina § 34-21-390 Valuation of securities in fund.

South Carolina Statutes

§ 34-21-390 — Valuation of securities in fund.

South Carolina § 34-21-390

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 21BANKS AND CORPORATIONS DOING TRUST BUSINESS

This text of South Carolina § 34-21-390 (Valuation of securities in fund.) 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. § 34-21-390 (2026).

Text

At least once every three months the trust institution administering a common trust fund shall determine the value of the securities in the common trust fund. No participation shall be admitted to or withdrawn from the common trust fund, except on the basis of such valuation and on the date of the determination of such valuation or, if permitted by the plan, within ten business days subsequent to the date of such determination.

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At least once every three months the trust institution administering a common trust fund shall determine the value of the securities in the common trust fund. No participation shall be admitted to or withdrawn from the common trust fund, except on the basis of such valuation and on the date of the determination of such valuation or, if permitted by the plan, within ten business days subsequent to the date of such determination.