There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 50 - Fish, Game and Watercraft
Chapter 9 - HUNTING AND FISHING LICENSES
Section 50-9-965 - Marine Resources Deferred License Fund created.
SC Code § 50-9-965 (2012) What's This?
(A) The Marine Resources Deferred License Fund is created for the purpose of receiving revenue generated from the sale of multiyear saltwater licenses, permits, stamps, and tags.
(B) Revenue generated in prior years for each new license year must be transferred to the Marine Resources Fund the first month of each license year. Not more than one transfer may be made each license year. When transferred, the revenue must be allocated as specified in Section 50-9-920(C).
(C) Interest earned on balances in the Marine Resources Deferred License Fund must be credited to the fund and transferred in the same manner.
(D) Balances in the fund must be retained and carried forward annually.
HISTORY: 2010 Act No. 233, Section 11, eff July 1, 2010.
Disclaimer: These codes may not be the most recent version. South Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
