Entities which may invest in storm recovery bonds.

S.C. Code Ann. § 58-27-1150
in effect
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All of the following entities may legally invest any sinking funds, monies, or other funds in storm recovery bonds: (1) the South Carolina Pooled Investment Fund established pursuant to Section 6-6-10; (2) banks and bankers, savings and loan associations, credit unions, trust companies, savings banks and institutions, investment companies, insurance companies, insurance associations, and other persons carrying on a banking or insurance business; (3) personal representatives, guardians, trustees, and other fiduciaries; and (4) all other persons authorized to invest in bonds or other obligations of a similar nature.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t58c027.phpFetched: 10/17/2026

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