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2017 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 21 - BANKS AND CORPORATIONS DOING TRUST BUSINESS
Section 34-21-340. Certificates and other documents evidencing interest in fund shall not be issued.
Universal Citation: SC Code § 34-21-340 (2017)
No trust institution administering a collective investment fund shall issue any certificate or other document evidencing a direct or indirect interest in such fund in any form.
HISTORY: 1962 Code Section 8-598; 1955 (49) 538; 1965 (54) 608.
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