S.C. Code Ann. § 23-47-65
(A)
(B) The responsibilities of the committee with respect to CMRS emergency telephone services are to:
(C) The responsibilities of the board with respect to CMRS emergency telephone services are to:
(1) direct the State Treasurer in the management and disbursal of the funds in and from an interest-bearing account in the following manner:
(D) The board and committee must: