South Carolina § 41-33-420 - Deposit, administration, and disbursement of fund.
Full text of South Carolina South Carolina Code of Laws § 41-33-420 — Deposit, administration, and disbursement of fund., with citation guidance and answers to common questions.
§ 41-33-420. Deposit, administration, and disbursement of fund.
All money in the Department of Employment and Workforce administration fund shall be deposited, administered, and disbursed in the same manner and under the same conditions and requirements as are provided by law for other special funds in the State Treasury, except that money in this fund shall not be commingled with other state funds, but shall be maintained in a separate account on the books of a depository bank. They shall be secured by such bank or banks by such securities or surety bond as required by law of depositories of state funds.
HISTORY: 1962 Code SECTION 68-332; 1952 Code SECTION 68-332; 1942 Code SECTION 7035-93; 1936 (39) 1716; 1939 (41) 487; 1941 (42) 369; 1957 (50) 580; 2011 Act No. 3, SECTION 12, eff March 14, 2011.
Effect of Amendment
The 2011 amendment, in the first sentence, substituted "Department of Employment and Workforce" for "employment security"; and in the first and second sentences, substituted "state funds" for "State funds".
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 41-33-420
What does South Carolina Code of Laws § 41-33-420 cover?
Section 41-33-420 ("Deposit, administration, and disbursement of fund.") 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 § 41-33-420?
A common citation format is "South Carolina Code of Laws § 41-33-420" (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 § 41-33-420 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.