South Carolina Statutes
§ 6-5-20 — Delegation of investment authority.
South Carolina § 6-5-20
JurisdictionSouth Carolina
Title 6LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS
Ch. 5INVESTMENT OF FUNDS BY POLITICAL SUBDIVISIONS
This text of South Carolina § 6-5-20 (Delegation of investment authority.) 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. § 6-5-20 (2026).
Text
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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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.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 6-5-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/5/6-5-20.