S.C. Code § 34-21-390

Current through 2024 Act No. 225.
Section 34-21-390 - Valuation of securities in fund

At least once every three months the trust institution administering a common trust fund shall determine the value of the securities in the common trust fund. No participation shall be admitted to or withdrawn from the common trust fund, except on the basis of such valuation and on the date of the determination of such valuation or, if permitted by the plan, within ten business days subsequent to the date of such determination.

S.C. Code § 34-21-390

1978 Act No. 598; 1955 (49) 538; 1962 Code Section 8-599.4.