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2017 South Carolina Code of Laws
Title 6 - Local Government - Provisions Applicable to Special Purpose Districts and Other Political Subdivisions
CHAPTER 5 - INVESTMENT OF FUNDS BY POLITICAL SUBDIVISIONS
Section 6-5-30. Assistance of State Treasurer.
Universal Citation: SC Code § 6-5-30 (2017)
The State Treasurer is authorized to assist local governments in investing funds that are temporarily in excess of operating needs by:
(1) Explaining investment opportunities to such local governments through publication and other appropriate means;
(2) Acquainting such local governments with the State's practice and experience in investing short-term funds; and
(3) Providing technical assistance in investment of idle funds to local governments that request such assistance.
HISTORY: 1962 Code Section 1-69; 1967 (55) 625.
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