South Carolina Statutes
§ 11-37-230 — State Treasurer to invest monies of authority.
All money of the authority, except as otherwise authorized by law or provided in this chapter, must be deposited with and invested by the State Treasurer. Funds of the authority not needed for immediate use or disbursement, including any funds held in any capital reserve fund, may be invested by the State Treasurer in obligations or securities which are declared to be legal obligations by the provisions of Chapter 5, Title 6, Section 11-9-660, and Section 11-9-661.
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South Carolina § 11-37-230 (State Treasurer to invest monies of authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1988 Act No. 682, SECTION 2.
Nearby Sections
15
§ 11-37-10
Citation of chapter.§ 11-37-110
Trust indenture.§ 11-37-130
Purchase of outstanding bonds.§ 11-37-170
Capital reserve funds.§ 11-37-180
Purchase of local obligations.§ 11-37-190
State grants.§ 11-37-20
Definitions.§ 11-37-210
Tax exempt status of authority.