South Carolina § 49-19-2150 Additional bond of district treasurer.

South Carolina Statutes

§ 49-19-2150 — Additional bond of district treasurer.

South Carolina § 49-19-2150

Title 49WATERS, WATER RESOURCES AND DRAINAGE

Ch. 19DRAINAGE DISTRICTS UNDER 1920 ACT

This text of South Carolina § 49-19-2150 (Additional bond of district treasurer.) 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. § 49-19-2150 (2026).

Text

The district treasurer shall, at the time of the receipt by him of such bonds, execute and deliver to the president of the board of the district a bond with good and sufficient sureties to be approved by the board, conditioned (a) that he shall account for and pay over as required by law and as ordered to do by the board any and all money received by him on the sale of such bonds or any of them, (b) that he will only sell and deliver such bonds to the purchaser or purchasers thereof under and according to the terms herein prescribed and (c) that he will return, duly cancelled, any and all bonds not sold to the board of supervisors when ordered by the board to do so. Such bond shall remain in the custody of the president of the board of supervisors who shall produce it for inspection or for

Free access — add to your briefcase to read the full text and ask questions with AI

The district treasurer shall, at the time of the receipt by him of such bonds, execute and deliver to the president of the board of the district a bond with good and sufficient sureties to be approved by the board, conditioned (a) that he shall account for and pay over as required by law and as ordered to do by the board any and all money received by him on the sale of such bonds or any of them, (b) that he will only sell and deliver such bonds to the purchaser or purchasers thereof under and according to the terms herein prescribed and (c) that he will return, duly cancelled, any and all bonds not sold to the board of supervisors when ordered by the board to do so. Such bond shall remain in the custody of the president of the board of supervisors who shall produce it for inspection or for use as evidence whenever and wherever legally requested so to do. The successor in office of any such district treasurer shall not be entitled to the bonds or the proceeds thereof until he shall have complied with all the foregoing provisions applicable to his predecessor in office.

Legislative History

HISTORY: 1962 Code SECTION 18-595; 1952 Code SECTION 18-595; 1942 Code SECTION 6196; 1932 Code SECTION 6196; Civ. C. '22 SECTION 3250; 1920 (31) 663; 1932 (37) 1253.