Grady Leslie Patterson Jr., a former South Carolina treasurer for 37 years who was the major force behind a Supreme Court case that had a significant impact on the municipal market, died Monday. He was 85.

Mr. Patterson won an open-seat election for state treasurer in 1966 and served until 2007. He was defeated in 1994 but was re-elected in 1998. Before becoming a public servant, he served in the National Guard and the Air Force. He flew P-51 Mustangs in the Pacific Theater during World War II  and retired as a three-star general, according to Patterson’s spokesman, Trav Robertson.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.