South Carolina Statutes
§ 6-5-20 — Delegation of investment authority.
South Carolina·Title 6 LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS·Ch. 5 INVESTMENT OF FUNDS BY POLITICAL SUBDIVISIONS
The governing body may delegate the investment authority provided by SECTION 6-5-10 to the treasurer or other financial officer or any fiscal agent or corporate trustee charged with custody of the funds of the local government, who shall thereafter assume full responsibility for such investment transaction until the delegation of authority terminates or is revoked.
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South Carolina § 6-5-20 (Delegation of investment authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 1-68; 1967 (55) 625.
Nearby Sections
15
§ 6-5-30
Assistance of State Treasurer.§ 63-5-10
Spousal and child support.§ 63-5-20
Obligation to support.§ 63-5-310
Ratification of minor's contracts.§ 63-5-340
Minor's consent to health services.§ 63-5-370
Consent not subject to disaffirmance.