S 818 South Carolina Senate · 2025-2026 Regular Session

Trust Business

S. 818 defines "trust business" in South Carolina law as services specifically related to managing or investing in a common trust fund. The bill explicitly states this definition excludes all other fiduciary activities, regardless of an organization's structure. This procedural bill clarifies terminology for legal consistency but does not create new regulations or directly affect specific individuals or businesses.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 15, 2026 Last action Jan 15, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 15, 2026
Committee
Referred to Committee on Judiciary
upper
Jan 15, 2026
Introduced
Introduced and read first time
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Stephen Goldfinch
Stephen Goldfinch
RRepublican
SC
34