South Carolina Statutes
§ 17-15-240 — Interest on bail bond money.
Court officers authorized by law to receive bail bond money may deposit that money in interest-bearing accounts in a financial institution in which deposits are insured by an agency of the United States government. The interest earned on the accounts is considered public funds and must be distributed as follows:
(1)Interest on bail bond money received for offenses triable in municipal court or held for transmittal to the county clerk of court must be credited to the general fund of the municipality.
(2)Interest on bail bond money received for offenses triable in magistrates court or held for transmittal to the county clerk of court must be credited to the general fund of the county.
(3)Interest on bail bond money received by the county clerk of court for offenses triable in family and c
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South Carolina § 17-15-240 (Interest on bail bond money.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1990 Act No. 549, SECTION 1.
Nearby Sections
15
§ 17-15-100
Power to punish for contempt not affected.§ 17-15-180
Court may remit forfeiture in certain cases.§ 17-15-190
Money may be deposited with officer of court in lieu of bond, recognizance, or undertaking.§ 17-15-20
Conditions of appearance recognizance or appearance bond; discharge, validity, relief of surety.§ 17-15-240
Interest on bail bond money.