™Your Policy Risk Impact Agent
107 chapters · 2,052 sections in this title.
S.C. Code Ann. § 59-153-10 Definitions
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As used in this chapter, unless a different meaning is plainly required by the context: (1) "Agent" means the State Treasurer. (2) "Assets" means all funds, investments, and similar property owned by the respective state institutions of higher learning and in the custody of the A…
S.C. Code Ann. § 59-153-20 Funds and assets held in trust; trustee; investments
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(A) All endowment funds and assets purchased with them are held in trust. The board of trustees of each institution of higher learning is the trustee of all endowment funds held in the name of that institution by the State Treasurer. The trustee has the exclusive authority to inv…
S.C. Code Ann. § 59-153-30 Delegation of functions by trustee
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(A) The trustee may delegate functions including, but not limited to, day-to-day investment decisions that a prudent trustee acting in a like capacity and familiar with those matters could delegate properly under the circumstances. (B) The trustee shall exercise reasonable care, …
S.C. Code Ann. § 59-153-310 State Retirement Systems Investment Panel
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The State Retirement Systems Investment Panel has been created and functions pursuant to Sections 9-16-310 and 9-16-320.
