South Carolina Statutes
§ 8-23-50 — Payment of premiums.
South Carolina § 8-23-50
This text of South Carolina § 8-23-50 (Payment of premiums.) 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. § 8-23-50 (2026).
Text
Notwithstanding any other provision of law, those persons designated to administer the Deferred Compensation Program are authorized to make payment of premiums for the purchase of fixed or variable annuities, savings, mutual funds and insurance contracts under the Deferred Compensation Program. Such payments shall not be construed to be a prohibited use of the general assets of the State or political subdivision.
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Legislative History
HISTORY: 1977 Act No. 97 SECTION 5.
Nearby Sections
11
§ 8-23-10
Declaration of purpose.§ 8-23-100
Withdrawal from program.§ 8-23-20
Deferred Compensation Program.§ 8-23-50
Payment of premiums.§ 8-23-60
"Employees" defined.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 8-23-50, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/23/8-23-50.