South Carolina

South Carolina has adopted the following Article of the UCC:

Article 8:  Investment Securities:  UCC Article 8 applies to a share or similar equity interest issued by an entity that is registered as an investment company under the federal investment company laws, an interest in a unit investment trust that is so registered, or a face-amount certificate issued by a face-amount certificate company that is so registered.  Investment company security does not include an insurance policy or endowment policy or annuity contract issued by an insurance company.

UCC Articles adopted by South Carolina


Inside South Carolina