The securities of the trust department for each individual trust shall be in the joint custody of two or more officers or other employees designated by the board of directors of the bank or trust company, as the case may be, and such officers or employees shall be bonded.
S.C. Code Ann. § 34-21-70
Custody of securities
1962 Code SECTION 8-586; 1952 Code SECTION 8-586; 1942 Code SECTION 7910; 1932 Code SECTION 7910; 1930 (36) 1367.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.