South Carolina Code 11-15-290. Failure to make investments in accordance with article; penalties
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Terms Used In South Carolina Code 11-15-290
- Conviction: A judgement of guilt against a criminal defendant.
The failure of the custodian of any such sinking fund to make such investments in accordance with the provisions of this article shall be a misdemeanor, and upon conviction thereof he shall be liable to a fine of not less than one hundred dollars nor more than one thousand dollars or imprisonment for not less than thirty days nor more than one year or both.