South Carolina Statutes
§ 59-104-420 — Criteria for use of fund.
(A)The fund must be used for research which:
(1)has a direct, positive impact on economic development, education, health, or welfare in this State;
(2)has an existing base in faculty expertise, resources, and facilities;
(3)serves to improve the quality of undergraduate and graduate education for South Carolina citizens in accordance with the institutions' stated missions as given in the commission's master plan and as developed by the institution and approved by the commission as provided in Section 59-103-45(5).
(B)The fund must not be used for capital construction projects.
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South Carolina § 59-104-420 (Criteria for use of fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1988 Act No. 629, SECTION 1; 1996 Act No. 359, SECTION 10.
Nearby Sections
15
§ 59-104-210
Competitive grants program established.§ 59-104-230
Endowed professorships program.§ 59-104-410
Research Investment Fund.§ 59-104-420
Criteria for use of fund.§ 59-104-440
Allocation of funds.