South Carolina Statutes

§ 9-3-340 — Deposit and disbursement of funds derived from assessments or charges against political subdivisions.

South Carolina·Title 9 RETIREMENT SYSTEMS·Ch. 3 COVERAGE OF PUBLIC OFFICERS AND EMPLOYEES UNDER FEDERAL SOCIAL SECURITY ACT
The funds accumulated and derived from the assessments and charges provided for in Section 9-3-320 shall be deposited by the State agent in some safe and reliable bank or depository chosen by the State agent, and the State agent shall issue such checks or vouchers as may be necessary to defray the above-mentioned expenses of administration.

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South Carolina § 9-3-340 (Deposit and disbursement of funds derived from assessments or charges against political subdivisions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 61-221.24; 1954 (48) 1497.

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