Bonds are legal investments for fiduciaries and sinking fund commissions.

  1. Law
  2. South Carolina Code of Laws
  3. Municipal Corporations
  4. Financial Matters Generally
  5. Bonds are legal investments for fiduciaries and sinking fund commissions.

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It shall be lawful for all executors, administrators, guardians, committees and other fiduciaries and all sinking fund commissions to invest any moneys in their hands in bonds issued under this article.

HISTORY: 1962 Code Section 47-860.16; 1952 Code Section 47-860.16; 1951 (47) 767.


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