2015 South Carolina Code of Laws
Title 11 - Public Finance
CHAPTER 57 - IRAN DIVESTMENT ACT
Section 11-57-40. Chapter inapplicable to certain procurements or contracts.

SC Code § 11-57-40 (2015) What's This?

This chapter does not apply to a procurement or contract valued at ten thousand dollars or less.

HISTORY: 2014 Act No. 267 (H.3021), Section 1, eff September 7, 2014; 2015 Act No. 63 (H.3583), Section 3, eff June 4, 2015.

Editor's Note

2015 Act No. 63, Section 5, provides as follows:

"SECTION 5. This act takes effect upon approval by the Governor and does not apply to contracts entered into before the effective date of this act."

Effect of Amendment

2015 Act No. 63, Section 3, substituted "ten thousand" for "one thousand".

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