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27 chapters · 724 sections in this title.
S.C. Code Ann. § 6-5-10 Authorized investments by political subdivisions
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(a) The governing body of any municipality, county, school district, or other local government unit or political subdivision and county treasurers may invest money subject to their control and jurisdiction in: (1) Obligations of the United States and its agencies, the principal a…
S.C. Code Ann. § 6-5-15 Securing deposits of funds by local entities
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(A) As used in this section, "local entity" means the governing body of a municipality, county, school district, other local government unit or political subdivision, or a county treasurer. (B) A qualified public depository, as defined in subsection (G), upon the deposit of funds…
S.C. Code Ann. § 6-5-20 Delegation of investment authority
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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 …
S.C. Code Ann. § 6-5-30 Assistance of State Treasurer
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The State Treasurer is authorized to assist local governments in investing funds that are temporarily in excess of operating needs by: (1) Explaining investment opportunities to such local governments through publication and other appropriate means; (2) Acquainting such local gov…
