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.
S.C. Code Ann. § 9-3-340
Deposit and disbursement of funds derived from assessments or charges against political subdivisions
1962 Code SECTION 61-221.24; 1954 (48) 1497.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.