There is a newer version
of
this Section
2017 South Carolina Code of Laws
Title 13 - Planning, Research and Development
CHAPTER 12 - TRIDENT ECONOMIC DEVELOPMENT FINANCE AUTHORITY
Section 13-12-180. Net earnings of authority not to inure to benefit of person other than authority.
Universal Citation: SC Code § 13-12-180 (2017)
The net earnings of the authority, beyond that necessary for retirement of its bonds or other obligations or to implement the purposes of this chapter, may not inure to the benefit of any person other than the authority.
HISTORY: 1992 Act No. 515, Section 1, eff September 1, 1992; 1992 Act No. 518, Section 1, eff September 2, 1992.
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.
