South Carolina § 9-1-240 - Actuary for board.
Full text of South Carolina South Carolina Code of Laws § 9-1-240 — Actuary for board., with citation guidance and answers to common questions.
§ 9-1-240. Actuary for board.
The board shall designate an actuary, subject to the approval of the State Fiscal Accountability Authority or its successor, who is the technical advisor of the board on matters regarding the operation of the system and shall perform such other duties as are required in connection therewith, provided, however, that the Retirement System Investment Commission is a third-party beneficiary of the contract with the actuary, with full rights to all actuarial valuations prepared by the actuary. The board shall provide to the State Fiscal Accountability Authority or its successor actuarial valuations and reports requested.
HISTORY: 1962 Code SECTION 61-14; 1952 Code SECTION 61-14; 1945 (44) 212; 1949 (46) 424; 2017 Act No. 13 (H.3726), Pt. II, SECTION 6, eff July 1, 2017.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 9-1-240
What does South Carolina Code of Laws § 9-1-240 cover?
Section 9-1-240 ("Actuary for board.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 9-1-240?
A common citation format is "South Carolina Code of Laws § 9-1-240" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 9-1-240 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.