S.C. Code § 11-57-720

Current through 2024 Act No. 225.
Section 11-57-720 - Fiduciary responsibilities

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.

S.C. Code § 11-57-720

Added by 2014 S.C. Acts, Act No. 267 (HB 3021), s 1, eff. 9/7/2014.