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2019 South Carolina Code of Laws
Title 41 - Labor and Employment
Chapter 43 - South Carolina Jobs - Economic Development Fund Act
Section 41-43-230. Disposition of property; authority not required to advertise or take bids.
Universal Citation: SC Code § 41-43-230 (2019)
The authority may dispose of any property acquired by it on terms and conditions considered appropriate. The authority is not required to advertise property or take bids thereon.
HISTORY: 1983 Act No. 145 Section 24; 1992 Act No. 404, Section 9, eff July 1, 1992.
Effect of Amendment
The 1992 amendment in the first sentence deleted "otherwise than with administrative funds" between "it" and "on"; and deleted a sentence providing that in evaluating the consideration received for property or its use the authority must consider nonpecuniary benefits and benefits to the citizenry.
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