S.C. Code § 11-1-20

Current through 2024 Act No. 225.

Section 11-1-20 - Interest on deposits of public funds

All state, county, and municipal officers depositing funds that accrue interest in a bank or other depository shall account to the respective governing body for all interest collected upon these deposits.

A person who violates the provisions of this section is guilty of a misdemeanor and, upon conviction, must be fined in the discretion of the court or imprisoned not more than three years.

S.C. Code § 11-1-20

1993 Act No. 184, Section 151; 1915 (29) 56; Cr. C. '22 Section 530; 1932 Code Section 1577; 1942 Code Section 1577; 1952 Code Section 1-52; 1962 Code Section 1-52.