Section 58-27-1150 - Entities which may invest in storm recovery bondsAll 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.Added by 2022 S.C. Acts, Act No. 227 (SB 1077),s 1, eff. 6/17/2022.