South Carolina Code of Laws
Chapter 3 - Coverage Of Public Officers And Employees Under Federal Social Security Act
Section 9-3-340. Deposit and disbursement of funds derived from assessments or charges against political subdivisions.

The funds accumulated and derived from the assessments and charges provided for in Section 9-3-320 shall be deposited by the State agent in some safe and reliable bank or depository chosen by the State agent, and the State agent shall issue such checks or vouchers as may be necessary to defray the above-mentioned expenses of administration.
HISTORY: 1962 Code Section 61-221.24; 1954 (48) 1497.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 9 - Retirement Systems

Chapter 3 - Coverage Of Public Officers And Employees Under Federal Social Security Act

Section 9-3-10. Declaration of policy.

Section 9-3-20. Definitions.

Section 9-3-30. Exemptions.

Section 9-3-110. State agent may enter into agreement with Secretary of Health, Education and Welfare.

Section 9-3-120. Terms of agreement.

Section 9-3-130. Submission of plans by political subdivisions; approval of plans by state agent.

Section 9-3-140. Notice and hearing before disapproval or termination of plans.

Section 9-3-150. Referendum on social security coverage for persons under certain retirement systems.

Section 9-3-160. Social security coverage for justices and judges.

Section 9-3-310. Compensation of state agent.

Section 9-3-320. Charges or assessments against political subdivisions for expenses of administration.

Section 9-3-330. Collection of delinquent assessments or charges made against political subdivisions.

Section 9-3-340. Deposit and disbursement of funds derived from assessments or charges against political subdivisions.

Section 9-3-350. Rules and regulations.

Section 9-3-360. State agent shall make studies, reports, and recommendations.

Section 9-3-510. Contributions of state employees; collection; adjustments and refunds.

Section 9-3-520. Contributions of political subdivisions.

Section 9-3-530. Deductions from wages of employees of political subdivisions.

Section 9-3-540. Procedures for collection of delinquent contributions from political subdivisions.

Section 9-3-550. Contribution fund established; items to be deposited; administration.

Section 9-3-560. State Treasurer to be custodian of contribution fund; payment of warrants drawn on fund.

Section 9-3-570. Contribution fund to be kept separate; withdrawals; payments to Secretary of Treasury.

Section 9-3-580. Additional appropriations to contribution fund.