South Carolina General Assembly
126th Session, 2025-2026
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Indicates Matter Stricken
Indicates New Matter
S. 818
STATUS INFORMATION
General Bill
Sponsors: Senator Goldfinch
Document Path: LC-0476SA26.docx
Introduced in the Senate on January 15, 2026
Currently residing in the Senate Committee on Judiciary
HISTORY OF LEGISLATIVE ACTIONS
| Date | Body | Action Description with journal page number |
|---|---|---|
| 1/15/2026 | Senate | Introduced and read first time (Senate Journal-page 5) |
| 1/15/2026 | Senate | Referred to Committee on Judiciary (Senate Journal-page 5) |
View the latest legislative information at the website
VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 62-1-113 SO AS TO PROVIDE A DEFINITION FOR THE TERM "TRUST BUSINESS."
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Part 1, Article 1, Title 62 of the S.C. Code is amended by adding:
Section 62-1-113. For purposes of the South Carolina Code of Laws, "trust business" means the provision of services related to the investment in or management of a common trust fund and does not include any other fiduciary activities by an individual or organization, regardless of the corporate form.
SECTION 2. This act takes effect upon approval by the Governor.
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This web page was last updated on January 15, 2026 at 11:22 AM