Collective investment fund may be considered as a whole in determining propriety of investment.

S.C. Code Ann. § 34-21-280
in effect
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In order to determine whether the investment of funds received or held by the trust institution as fiduciary in a participation in a collective investment fund is proper, the trust institution may consider the collective investment fund as a whole and shall not, for example, be prohibited from making such investment because any particular asset is nonincome producing.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c021.phpFetched: 10/17/2026

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