South Carolina § 5-39-260 - Investments.
Full text of South Carolina South Carolina Code of Laws § 5-39-260 — Investments., with citation guidance and answers to common questions.
§ 5-39-260. Investments.
The members of any such commission shall invest or handle such funds in the manner provided by law for investments or handling of funds by executors, administrators, guardians and trustees, and the income shall be collected annually and expended in such manner as, in the judgment of the commission, will meet the purpose for which such fund was delivered.
HISTORY: 1962 Code SECTION 47-1436; 1952 Code SECTION 47-1436; 1942 Code SECTION 7536; 1935 (39) 97.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 5-39-260
What does South Carolina Code of Laws § 5-39-260 cover?
Section 5-39-260 ("Investments.") 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 § 5-39-260?
A common citation format is "South Carolina Code of Laws § 5-39-260" (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 § 5-39-260 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.