Lawful for fiduciaries and sinking fund commissions to invest in turnpike bonds.

S.C. Code Ann. § 57-5-1480
in effect
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It is lawful for all executors, administrators, guardians, and other fiduciaries and all sinking fund commissions, including the State Fiscal Accountability Authority and Public Employee Benefit Authority in their capacities as cotrustees 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t57c005.phpFetched: 10/17/2026

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