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·Title 34 BANKING, FINANCIAL INSTITUTIONS AND MONEY·Ch. 6 SOUTH CAROLINA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT
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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South Carolina § 34-6-70 (Review of compliance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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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