South Carolina General Assembly
110th Session, 1993-1994

Bill 3870

                    Current Status
Introducing Body:               House
Bill Number:                    3870
Ratification Number:            124
Act Number:                     265
Primary Sponsor:                Committee (26)
Type of Legislation:            JR
Subject:                        Regulations approved
Date Bill Passed both Bodies:   19930504
Computer Document Number:       GJK/20055AC.93
Governor's Action:              S
Date of Governor's Action:      19930514
Introduced Date:                19930407
Last History Body:              ------
Last History Date:              19930514
Last History Type:              Act No. 265
Scope of Legislation:           Statewide
Sponsor Committee:              Labor, Commerce and Industry
Sponsor Committee Number:       26
Type of Legislation:            Joint
                                Resolution
History


Bill   Body    Date          Action Description              CMN  Leg Involved
----   ------  ------------  ------------------------------  ---  ------------
3870   ------  19930514      Act No. 265
3870   ------  19930514      Signed by Governor
3870   ------  19930511      Ratified R 124
3870   Senate  19930504      Read third time, enrolled for
                             ratification
3870   Senate  19930429      Read second time
3870   Senate  19930428      Recalled from Committee,        02
                             placed on Calendar
3870   Senate  19930421      Introduced, read first time,    02
                             referred to Committee
3870   House   19930420      Read third time, sent to
                             Senate
3870   House   19930415      Read second time
3870   House   19930407      Introduced, read first time
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A265, R124, H3870)

A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE SECRETARY OF STATE, SECURITIES DIVISION, RELATING TO CUSTODY OF CLIENT'S FUNDS OR SECURITIES BY INVESTMENT ADVISERS, DESIGNATED AS REGULATION DOCUMENT NUMBER 1510, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.

Be it enacted by the General Assembly of the State of South Carolina:

Regulations approved

SECTION 1. The regulations of the Secretary of State, Securities Division, relating to Custody of Client's Funds or Securities by Investment Advisers, designated as Regulation Document Number 1510, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.

Time effective

SECTION 2. This joint resolution takes effect upon approval by the Governor.

Approved the 14th day of May, 1993.