South Carolina § 59-69-10 - State Treasurer may invest certain fund received from United States Government.
Full text of South Carolina South Carolina Code of Laws § 59-69-10 — State Treasurer may invest certain fund received from United States Government., with citation guidance and answers to common questions.
§ 59-69-10. State Treasurer may invest certain fund received from United States Government.
The State Treasurer may invest the fund received by him pursuant to an act entitled "An Act to Authorize the State Treasurer to Receive from the United States Government a Certain Fund and to Hold the Same Subject to the Uses Declared by an Act of Congress," approved February 20, 1907, as amended by an act approved February 25, 1908, in bonds or stocks of the State, in loans secured by like bonds or stock of the State or in bonds of any county, school district or municipality within the State and shall hold the same subject to the trust and uses in said act of Congress designated, and the State Treasurer may, in making such investments, pay the market value for bonds, whether the same be above par or not.
HISTORY: 1962 Code SECTION 21-901; 1952 Code SECTION 21-901; 1942 Code SECTION 5393; 1932 Code SECTION 5279; Civ. C. '22 SECTION 2539; 1914 (28) 742; 1917 (30) 340.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 59-69-10
What does South Carolina Code of Laws § 59-69-10 cover?
Section 59-69-10 ("State Treasurer may invest certain fund received from United States Government.") 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 § 59-69-10?
A common citation format is "South Carolina Code of Laws § 59-69-10" (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 § 59-69-10 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.