S.C. Code Ann. § 57-5-1480
It is lawful for all executors, administrators, guardians, and other fiduciaries and all sinking fund commissions, including the State Budget and Control Board in its capacities as trustee of the funds of the South Carolina Retirement System and as manager and administrator of other state sinking funds, to invest any monies in their hands in turnpike bonds.
HISTORY: 1980 Act No. 449; 1985 Act No. 201, Part II, Section 84D.