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2020 South Carolina Code of Laws
Title 59 - Education
Chapter 118 - South Carolina Academic Endowment Incentive Act
Section 59-118-20. Purpose.
Universal Citation: SC Code § 59-118-20 (2020)
The purposes of this chapter are to:
(1) further the state's efforts to meet its responsibility for the intellectual development of our youth;
(2) enhance statewide economic development through initiatives in higher education; to provide incentives to individuals, corporations, or private funding organizations to create endowments to support the teaching and related activities at South Carolina's public colleges and universities;
(3) supplement the financial impacts of newly created endowments that support these colleges and universities.
HISTORY: 1997 Act No. 155, Part II, Section 21A.
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