South Carolina Statutes
§ 11-13-30 — Only State Treasurer may invest and deposit funds.
To facilitate the management, investment, and disbursement of public funds, no board, commission, agency or officer within the state government, except the State Treasurer shall be authorized to invest and deposit funds from any source, including, but not limited to, funds for which he is custodian, such funds to draw the best rate of interest obtainable.
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South Carolina § 11-13-30 (Only State Treasurer may invest and deposit funds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 1-742.1; 1971 (57) 709.
Nearby Sections
15
§ 11-13-10
Vault for State Treasurer.§ 11-13-130
Deposit slips.§ 11-13-40
General deposit account.§ 11-13-70
Reports from depositories to Treasurer.§ 11-13-90
Failure of depository to report.