2021 South Carolina Code of Laws
Title 11 - Public Finance
Chapter 50 - South Carolina Rural Infrastructure Act
Section 11-50-80. Earnings on balances in Rural Infrastructure Fund.

Universal Citation: SC Code § 11-50-80 (2021)

Earnings on balances in the Rural Infrastructure Fund must be credited and invested as provided by law. Earnings must be credited to the Rural Infrastructure Fund. The authority may establish accounts and subaccounts within the Rural Infrastructure Fund as considered desirable to effectuate the purposes of this chapter, or to meet the requirements of any state or federal program. All accounts must be held in trust by the State Treasurer.

HISTORY: 2010 Act No. 171, Section 1, eff May 26, 2010.

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