S.C. Code § 6-5-20

Current through 2024 Act No. 225.
Section 6-5-20 - Delegation of investment authority

The governing body may delegate the investment authority provided by Section 6-5-10 to the treasurer or other financial officer or any fiscal agent or corporate trustee charged with custody of the funds of the local government, who shall thereafter assume full responsibility for such investment transaction until the delegation of authority terminates or is revoked.

S.C. Code § 6-5-20

1967 (55) 625; 1962 Code Section 1-68.