South Carolina § 9-9-20 System created; system shall have powers and privileges of corporation; corporate name.

South Carolina Statutes

§ 9-9-20 — System created; system shall have powers and privileges of corporation; corporate name.

South Carolina § 9-9-20

Title 9RETIREMENT SYSTEMS

Ch. 9RETIREMENT SYSTEM FOR MEMBERS OF GENERAL ASSEMBLY

This text of South Carolina § 9-9-20 (System created; system shall have powers and privileges of corporation; corporate name.) 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. § 9-9-20 (2026).

Text

A retirement system is hereby created and placed under the administration of the Board to provide retirement allowances and other benefits for members of the General Assembly. The System shall begin operation as of January 1, 1966. It shall have the power and privileges of a corporation and shall be known as the Retirement System for members of the General Assembly of the State of South Carolina, and by such name all of its business shall be transacted, all of its funds invested, and all of its cash, securities and other property held.

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A retirement system is hereby created and placed under the administration of the Board to provide retirement allowances and other benefits for members of the General Assembly. The System shall begin operation as of January 1, 1966. It shall have the power and privileges of a corporation and shall be known as the Retirement System for members of the General Assembly of the State of South Carolina, and by such name all of its business shall be transacted, all of its funds invested, and all of its cash, securities and other property held.