Investment income; expenditures for specified purposes.

S.C. Code Ann. § 50-3-940
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The board may accumulate the investment income of the fund and may direct expenditures from the income of the fund for the purposes set forth in Section 50-3-930(3).
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t50c003.phpFetched: 10/17/2026

Starting a business in South Carolina? South Carolina LLC guide: costs and requirements