Home/South Carolina/Statutes/Title 34: BANKING, FINANCIAL INSTITUTIONS AND MONEY/Ch. 6: SOUTH CAROLINA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT/§ 34-6-70
South Carolina Statutes

§ 34-6-70 — Review of compliance.

South Carolina § 34-6-70
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 6SOUTH CAROLINA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT

This text of South Carolina § 34-6-70 (Review of compliance.) 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. § 34-6-70 (2026).

Text

Compliance with this chapter is determined in light of the facts and circumstances existing at the time a decision is made or action is taken, and not by hindsight.

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Legislative History

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.

Nearby Sections

10
§ 34-6-10
Short title.
§ 34-6-100
Uniformity of application and construction.
§ 34-6-20
Definitions.
§ 34-6-30
Standard of conduct in managing and investing institutional fund.
§ 34-6-40
Appropriation for expenditure or accumulation of endowment fund; rules of construction.
§ 34-6-50
Delegation of management and investment functions.
§ 34-6-60
Release or modification of restrictions on management, investment, or purpose.
§ 34-6-70
Review of compliance.
§ 34-6-80
Application to existing institutional funds.
§ 34-6-90
Relation to Electronic Signatures in Global and National Commerce Act.
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Bluebook (online)
South Carolina § 34-6-70, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/6/34-6-70.