It shall be lawful for all executors, administrators, guardians, and other fiduciaries and all sinking fund commissions, including the State Fiscal Accountability Authority of South Carolina as manager and administrator of other state sinking funds, to invest any monies in their hands in state highway bonds.
Bonds constitute legal investments
S.C. Code Ann. § 57-11-370, under Title 57, Chapter 11.
S.C. Code Ann. § 57-11-370