The board may accumulate the investment income of the fund and may direct expenditures from the income of the fund for the purposes set forth in Section 50-3-930(3).
S.C. Code Ann. § 50-3-940
Investment income; expenditures for specified purposes
1998 Act No. 419, Part II, SECTION 66.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.