It shall be lawful for all executors, administrators, guardians, committees and other fiduciaries and all sinking fund commissions to invest any moneys in their hands in bonds issued under this article.
S.C. Code Ann. § 5-21-760
Bonds are legal investments for fiduciaries and sinking fund commissions
Known as the Paving Bond Act
The act spans §§ 5-21-610 to 5-21-800 (20 sections).
1962 Code SECTION 47-860.16; 1952 Code SECTION 47-860.16; 1951 (47) 767.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.