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2020 South Carolina Code of Laws
Title 59 - Education
Chapter 118 - South Carolina Academic Endowment Incentive Act
Section 59-118-50. Use of disbursements.
Universal Citation: SC Code § 59-118-50 (2020)
Disbursements from the earnings must be used to provide funds for academic purposes, to include academic scholarships, and are then eligible to receive state matching funds.
HISTORY: 1997 Act No. 155, Part II, Section 21A.
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