South Carolina Code 59-119-990. Investments
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Terms Used In South Carolina Code 59-119-990
- Authority: means the State Fiscal Accountability Authority. See South Carolina Code 59-119-920
- bonds: means any note, bond, installment contract, or other evidence of indebtedness issued pursuant to this article. See South Carolina Code 59-119-920
It is lawful for all executors, administrators, guardians, and fiduciaries, all sinking fund commissions, the Public Employee Benefit Authority and the State Fiscal Accountability Authority, as cotrustees of the South Carolina Retirement System, and all other governmental entities within the State to invest any monies in their hands in such bonds.