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2021 South Carolina Code of Laws
Title 11 - Public Finance
Chapter 57 - Iran Divestment Act
Section 11-57-720. Fiduciary responsibilities.
Universal Citation: SC Code § 11-57-720 (2021)
Nothing in this article requires the Retirement System Investment Commission or its agents or contract investment managers to take action as described in this article unless it is determined, in good faith, that the action described in this article is consistent with the fiduciary responsibilities of the commission or its agents or contract investment managers as described in Chapter 16, Title 9, and there are appropriated funds of the State to absorb the expenses necessary to implement this article.
HISTORY: 2014 Act No. 267 (H.3021), Section 1, eff September 7, 2014.
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