{"data":{"id":"us-sc/s.c.-code-ann.-34-30-1370","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 34-30-1370","heading":"Investments in direct general obligations of state government, bonds payable from pledged revenues or earnings.","body":"A state savings bank may invest in bonds or other evidences of indebtedness that are direct general obligations of a state, county, city, town, village, school district, sanitation, or park district, or other political subdivision or municipal corporation in the top three rating bands of one of the national rating services. A state savings bank also may invest in bonds or other evidences of indebtedness that are payable from revenues or earnings specifically pledged for it, which are issued by a county or a political subdivision or municipal corporation of a county in this State up to the loan limitations of Section 34-30-1300.","path":["Title 34 - BANKING, FINANCIAL INSTITUTIONS AND MONEY","CHAPTER 30 State Savings Bank","ARTICLE 7 Loans and Investments"],"source_url":"https://www.scstatehouse.gov/code/t34c030.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:06:44Z","sha256":"76b9ee0d0f3daaa07abd7156c60ed966fee36dc7d5b642e659a32ed1af741f62","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-34-30-1360","next":"us-sc/s.c.-code-ann.-34-30-1380"},"notice":"GroundRules: Original legal text. Not legal advice."}