Lawful for fiduciaries and sinking fund commissions to invest in bonds

S.C. Code Ann. § 57-5-1480, under Title 57, Chapter 5.

S.C. Code Ann. § 57-5-1480

It is lawful for all executors, administrators, guardians, and other fiduciaries and all sinking fund commissions, including the Retirement System Investment Commission and Public Employee Benefit Authority in their capacities as cotrustees of the funds of the South Carolina Retirement System and any manager and administrator of state sinking funds, to invest any monies in their hands in bonds.