South Carolina § 55-11-360 Revenues.

South Carolina Statutes

§ 55-11-360 — Revenues.

South Carolina § 55-11-360

Title 55AERONAUTICS

Ch. 11PARTICULAR AIRPORTS

This text of South Carolina § 55-11-360 (Revenues.) 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. § 55-11-360 (2026).

Text

All revenues derived by the commission from the operation of any revenue-producing facility which may not be required to operate, maintain, enlarge and improve its airport facilities, or to pay obligations incurred in the issuance of any revenue bonds sold pursuant to the authorizations of item (19), Section 55-11-340, shall be paid over to the State Treasurer, and held by him for the payment of interest and principal of general obligation bonds of the district.

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All revenues derived by the commission from the operation of any revenue-producing facility which may not be required to operate, maintain, enlarge and improve its airport facilities, or to pay obligations incurred in the issuance of any revenue bonds sold pursuant to the authorizations of item (19), Section 55-11-340, shall be paid over to the State Treasurer, and held by him for the payment of interest and principal of general obligation bonds of the district.

Legislative History

HISTORY: 1962 Code SECTION 2-390.17; 1961 (52) 53; 1962 (52) 1660; 2012 Act No. 270, SECTION 5, eff June 18, 2012. Effect of Amendment The 2012 amendment made nonsubstantive changes.