{"data":{"id":"us-sc/s.c.-code-ann.-11-15-240","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 11-15-240","heading":"Holding of sinking fund investments.","body":"Such investments shall be kept separate and distinct and properly earmarked with or registered in the name of the particular sinking fund to which they are applicable and shall be used for no other purpose and kept until such time before the maturity of the bonds for which the sinking fund is established as it may be necessary to sell or collect them in order to meet such obligations at maturity.","path":["Title 11 - PUBLIC FINANCE","CHAPTER 15 Bonds of Political Subdivisions","ARTICLE 3 Protection of Sinking Funds"],"source_url":"https://www.scstatehouse.gov/code/t11c015.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:31:54Z","sha256":"303c0b397b30a855f419ebc3d6524e3eacb3cf39ad97e4faedef23dd1ab016f9","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-11-15-230","next":"us-sc/s.c.-code-ann.-11-15-250"},"notice":"GroundRules: Original legal text. Not legal advice."}