South Carolina Statutes
§ 1-11-115 — Use of proceeds of sale of State real property.
South Carolina § 1-11-115
This text of South Carolina § 1-11-115 (Use of proceeds of sale of State real property.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 1-11-115 (2026).
Text
All proceeds from the sale of real property titled to or subject to the care and control of the Department of Administration must be deposited to the credit of the Sinking Fund and used by the department for the acquisition and maintenance of facilities owned by it for the use and occupancy of state departments and agencies.
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Legislative History
HISTORY: 1999 Act No. 100, Part II, SECTION 39. Code Commissioner's Note At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, SECTION 5(D)(1), effective July 1, 2015.
Nearby Sections
15
§ 1-11-100
Execution of instruments conveying rights of way or easements over marshlands or vacant lands.§ 1-11-135
Fees for processing revenue bonds.§ 1-11-141
Insurance on state-owned vehicles by agencies; liability of employees for cost of accident repairs.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 1-11-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/11/1-11-115.