Authority of board to accumulate income and direct expenditures from income.

S.C. Code Ann. § 50-3-750
in effect
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The board may accumulate the investment income of the fund and may direct expenditures from the income of the fund for the purposes set out in Section 50-3-740(3).
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t50c003.phpFetched: 10/17/2026
S.C. Code Ann. § 50-3-750 — Authority of board to accumulate income and direct expenditures from income | Code of Laws of South Carolina (Aug. 2026 snapshot) | Corpus