South Carolina § 14-23-710 - Authority to make investments and loans; interest notes.
Full text of South Carolina South Carolina Code of Laws § 14-23-710 — Authority to make investments and loans; interest notes., with citation guidance and answers to common questions.
§ 14-23-710. Authority to make investments and loans; interest notes.
Any judge of probate may invest in, or lend money on the security of: Federal farm loan bonds issued by Federal land banks pursuant to the Federal Farm Loan Act as amended; bonds issued by the Federal Farm Mortgage Corporation pursuant to the provisions of an act of Congress known as the "Federal Farm Mortgage Corporation Act"; Federal Intermediate Credit Bank debentures issued pursuant to the Federal Farm Loan Act as amended; and debentures issued by Central Bank for Cooperatives and regional banks for cooperatives, organized under the Farm Credit Act of 1933, and any notes, bonds, debentures, or other similar obligations, consolidated or otherwise, issued by farm credit institutions pursuant to authorities contained in the Farm Credit Act of 1971 (Public Law 92-181) or by any of such banks. A judge of probate making an investment or loan authorized by this section shall not be chargeable in his account for a greater rate of interest than the amount actually received on the investment or loan.
HISTORY: 1962 Code SECTION 15-493; 1952 Code SECTIONS 8-237, 37-149.1; 1942 Code SECTION 9049; 1932 Code SECTION 9049; Civ. C. '22 SECTION 5461; 1918 (30) 763; 1919 (31) 133; 1934 (38) 1493; 1952 (47) 1893; 1955 (49) 152; 1973 (58) 335.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 14-23-710
What does South Carolina Code of Laws § 14-23-710 cover?
Section 14-23-710 ("Authority to make investments and loans; interest notes.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 14-23-710?
A common citation format is "South Carolina Code of Laws § 14-23-710" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 14-23-710 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.