It shall be lawful for all executors, administrators, guardians, fiduciaries and sinking fund commissions to invest any moneys in their hands in State institution bonds.
HISTORY: 1962 Code Section 22-35; 1953 (48) 169.
Structure South Carolina Code of Laws
Chapter 107 - State Institution Bonds
Section 59-107-10. Institutions to which chapter is applicable; "state institution" defined.
Section 59-107-20. Tuition fees required at state institutions.
Section 59-107-30. Remittance and application of tuition fees.
Section 59-107-50. Authority of State Fiscal Accountability Authority as to applications.
Section 59-107-60. Request for issuance of state institution bonds.
Section 59-107-70. Governor and State Treasurer empowered to authorize issuance of bonds.
Section 59-107-80. Single issue of bonds may cover several applications.
Section 59-107-90. Maximum amount of outstanding bonds.
Section 59-107-100. Full faith, credit, and taxing power of State pledged to pay bonds.
Section 59-107-110. Negotiability and registration.
Section 59-107-120. Denominations of bonds; interest rate; maturity; redemption.
Section 59-107-140. Bonds exempt from taxes.
Section 59-107-150. Bonds as legal investments.
Section 59-107-160. Sale of bonds.
Section 59-107-170. Deposit and use of proceeds of bonds.
Section 59-107-180. Tuition fees placed in special fund to pay bonds; application of surplus.
Section 59-107-190. Declaration of sufficiency of tuition fees to pay bonds.
Section 59-107-200. Defeasance of bonds; trust fund established.