South Carolina Statutes
§ 11-11-340 — State Institution Bonds and State Highway Bonds Debt Service Fund; credit of funds.
South Carolina § 11-11-340
This text of South Carolina § 11-11-340 (State Institution Bonds and State Highway Bonds Debt Service Fund; credit of funds.) 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. § 11-11-340 (2026).
Text
There is established in the State Treasury the State Institution Bonds and State Highway Bonds Debt Service Fund which must be maintained separately from the general fund and other funds. Annually there must be credited to this account amounts sufficient for debt service payments on state institution bonds and state highway bonds. Amounts credited to this fund are not considered state general fund revenues.
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Legislative History
HISTORY: 1998 Act No. 419, Part II, SECTION 36.
Nearby Sections
15
§ 11-11-10
Duties of Executive Budget Office and Revenue and Fiscal Affairs Office, and Department of Revenue.§ 11-11-100
General Assembly may amend budget bill.§ 11-11-155
Homestead Exemption Fund established.§ 11-11-157
Reallocation of local option sales tax.§ 11-11-160
Transfers of appropriations; reduction of authorized spending when receipts less than estimated.§ 11-11-180
Declaration of operating deficit; meeting to address deficit; borrowing of surpluses authorized.§ 11-11-190
Transfer of funds to offset deficits.§ 11-11-20
Information to be secured by Governor.§ 11-11-220
Contingency Reserve Fund established.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 11-11-340, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/11/11-11-340.