South Carolina Statutes
§ 59-109-160 — Bonds as legal investments.
South Carolina § 59-109-160
JurisdictionSouth Carolina
Title 59EDUCATION
Ch. 109EDUCATIONAL FACILITIES AUTHORITY ACT FOR PRIVATE NONPROFIT INSTITUTIONS OF HIGHER LEARNING
This text of South Carolina § 59-109-160 (Bonds as legal investments.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 59-109-160 (2026).
Text
Bonds issued by authority under the provisions of this chapter are hereby made securities in which all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them.
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Legislative History
HISTORY: 1962 Code SECTION 22-41.15; 1969 (56) 444.
Nearby Sections
15
§ 59-109-10
Short title.§ 59-109-100
Trust agreement to secure bonds.§ 59-109-130
Monies received deemed trust funds.§ 59-109-140
Enforcement of rights of bondholders.§ 59-109-150
Exemption from taxation.§ 59-109-160
Bonds as legal investments.§ 59-109-170
Annual reports.§ 59-109-30
Definitions.§ 59-109-50
Purpose of authority; powers enumerated.§ 59-109-60
Expenses.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-109-160, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/109/59-109-160.