South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 9-12-100: QEBA funds unsecured.

Where this section sits in the code

Title 9 - RETIREMENT SYSTEMS
CHAPTER 12 Qualified Excess Benefits Arrangements

Nothing in this chapter shall be construed as providing for assets to be held in trust or escrow or any form of asset segregation for members, retired members, or beneficiaries. To the extent any person acquires the right to receive benefits under a QEBA, the right shall be no greater than the right of any unsecured general creditor of the State of South Carolina.

Collected 2026-09-02T06:29:59Z. Source file · JSON

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