South Carolina § 49-19-2170 Alternative use of bank or depository as temporary treasurer.

South Carolina Statutes

§ 49-19-2170 — Alternative use of bank or depository as temporary treasurer.

South Carolina·Title 49 WATERS, WATER RESOURCES AND DRAINAGE·Ch. 19 DRAINAGE DISTRICTS UNDER 1920 ACT

If it should be deemed more expedient to the board of supervisors as to money derived from the sale of bonds issued the board may by resolution select some suitable bank or banks or other depository as temporary treasurer or treasurers to hold and disburse the moneys on the orders of the board as the work progresses until such fund is exhausted or transferred to the district treasurer by order of the board of supervisors.

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If it should be deemed more expedient to the board of supervisors as to money derived from the sale of bonds issued the board may by resolution select some suitable bank or banks or other depository as temporary treasurer or treasurers to hold and disburse the moneys on the orders of the board as the work progresses until such fund is exhausted or transferred to the district treasurer by order of the board of supervisors.

South Carolina § 49-19-2170 (Alternative use of bank or depository as temporary treasurer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 18-597; 1952 Code SECTION 18-597; 1942 Code SECTION 6196; 1932 Code SECTION 6196; Civ. C. '22 SECTION 3250; 1920 (31) 663; 1932 (37) 1253.