South Carolina § 10-1-190 Department of Administration may apply net proceeds from trade of property to the improvement of property.

South Carolina Statutes

§ 10-1-190 — Department of Administration may apply net proceeds from trade of property to the improvement of property.

South Carolina·Title 10 PUBLIC BUILDINGS AND PROPERTY·Ch. 1 GENERAL PROVISIONS

As part of the approval process relating to trades of state property for nonstate property, the Department of Administration is authorized to approve the application of any net proceeds resulting from such a transaction to the improvement of the property held by the department.

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South Carolina § 10-1-190 (Department of Administration may apply net proceeds from trade of property to the improvement of property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1995 Act No. 145, Part II, SECTION 12; 2014 Act No. 121 (S.22), Pt V, SECTION 7.L, eff July 1, 2015. Effect of Amendment 2014 Act No. 121, SECTION 7.L, substituted "Department of Administration" for "Budget and Control Board" and substituted "department" for "board".