South Carolina Statutes
§ 11-15-290 — Failure to make investments in accordance with article; penalties.
The failure of the custodian of any such sinking fund to make such investments in accordance with the provisions of this article shall be a misdemeanor, and upon conviction thereof he shall be liable to a fine of not less than one hundred dollars nor more than one thousand dollars or imprisonment for not less than thirty days nor more than one year or both.
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South Carolina § 11-15-290 (Failure to make investments in accordance with article; penalties.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 1-670; 1952 Code SECTION 1-670; 1942 Code SECTION 3884; 1932 Code SECTION 3884; 1925 (34) 289; 1928 (35) 1167; 1931 (37) 95, 131; 1932 (37) 1352, 1363; 1935 (39) 432.
Nearby Sections
15
§ 11-15-210
Investment of sinking funds of political subdivisions of the State; changing investments.§ 11-15-230
Deposit of collections for sinking fund.§ 11-15-240
Holding of sinking fund investments.§ 11-15-250
Advertisements for purchase of securities.§ 11-15-260
Choice of investments.§ 11-15-270
Sale of bonds in sinking fund.§ 11-15-410
Short title.