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27 chapters · 549 sections in this title.
S.C. Code Ann. § 34-6-10 Short title
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This chapter may be cited as the "South Carolina Uniform Prudent Management of Institutional Funds Act".
S.C. Code Ann. § 34-6-100 Uniformity of application and construction
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In applying and construing this uniform act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.
S.C. Code Ann. § 34-6-20 Definitions
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In this chapter: (1) "Charitable purpose" means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or another purpose, the achievement of which is beneficial to the community. (2) "Endowment fund" mea…
S.C. Code Ann. § 34-6-30 Standard of conduct in managing and investing institutional fund
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(A) Subject to the intent of a donor expressed in a gift instrument, an institution, in managing and investing an institutional fund, shall consider the charitable purposes of the institution and the purposes of the institutional fund. (B) In addition to complying with the duty o…
