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2017 South Carolina Code of Laws
Title 57 - Highways, Bridges and Ferries
CHAPTER 11 - FINANCIAL MATTERS
Section 57-11-370. Bonds constitute legal investments.
Universal Citation: SC Code § 57-11-370 (2017)
It shall be lawful for all executors, administrators, guardians, and other fiduciaries and all sinking fund commissions, including the State Fiscal Accountability Authority of South Carolina as manager and administrator of other state sinking funds, to invest any monies in their hands in state highway bonds.
HISTORY: 1962 Code Section 33-280.7; 1972 (57) 3088; 1993 Act No. 181, Section 1524.
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