There is a newer version of the South Carolina Code of Laws
2013 South Carolina Code of Laws
Title 9 - Retirement Systems
CHAPTER 3 - COVERAGE OF PUBLIC OFFICERS AND EMPLOYEES UNDER FEDERAL SOCIAL SECURITY ACT
SECTION 9-3-340. Deposit and disbursement of funds derived from assessments or charges against political subdivisions.
SC Code § 9-3-340 (2013) What's This?
The funds accumulated and derived from the assessments and charges provided for in Section 9-3-320 shall be deposited by the State agent in some safe and reliable bank or depository chosen by the State agent, and the State agent shall issue such checks or vouchers as may be necessary to defray the above-mentioned expenses of administration.
HISTORY: 1962 Code Section 61-221.24; 1954 (48) 1497.
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