South Carolina Statutes
§ 59-122-100 — Investment in bonds by fiduciaries permitted.
South Carolina § 59-122-100
This text of South Carolina § 59-122-100 (Investment in bonds by fiduciaries permitted.) 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. § 59-122-100 (2026).
Text
It is lawful for all executors, administrators, guardians, and fiduciaries, all sinking fund commissions, and the Public Employee Benefit Authority and the State Fiscal Accountability Authority as cotrustees of the South Carolina Retirement System to invest any monies in their possession in these bonds.
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Legislative History
HISTORY: 1989 Act No. 102, SECTION 2.
Nearby Sections
13
§ 59-122-10
Definitions.§ 59-122-100
Investment in bonds by fiduciaries permitted.§ 59-122-110
Sale of bonds by board; notice.§ 59-122-120
Authority of board.§ 59-122-130
Time limitation for issuance of bonds.§ 59-122-30
Disposition of proceeds from sale of bonds.§ 59-122-40
Requirements for issuance of bonds.§ 59-122-50
Security for payment of bonds.§ 59-122-70
Issuance of bonds.§ 59-122-80
Bonds may be registered; debt by book-entry only system permitted; verification of bonds.§ 59-122-90
Bonds and interest exempt from taxation.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-122-100, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/122/59-122-100.