Other common trust funds are not prohibited.

S.C. Code Ann. § 34-21-420
in effect
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Nothing contained in this article shall prohibit a trust institution from establishing, maintaining, and administering one or more common trust funds differing from the requirements of this article, in which only investments or participations are made by such trust institution in accordance with specific contract authority.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c021.phpFetched: 10/17/2026

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S.C. Code Ann. § 34-21-420 — Other common trust funds are not prohibited | Code of Laws of South Carolina (Aug. 2026 snapshot) | Corpus