South Carolina Statutes
§ 55-11-400 — Richland and Lexington Counties to furnish funds to Airport Commission.
The governing body of the county of Richland and the governing body of the county of Lexington are hereby authorized and directed to make, execute and deliver a contract, each with the other, agreeing to pay to the Richland-Lexington Airport Commission, in equal amounts, the funds necessary to meet the annual operating deficit, if any, of the Richland-Lexington Airport Commission or to provide for the commission sufficient funds to prevent any such deficit from arising by annual equal payments to the commission's anticipated budget.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 55-11-400 (Richland and Lexington Counties to furnish funds to Airport Commission.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 2-390.21; 1961 (52) 119; 1962 (52) 2256; 2012 Act No. 270, SECTION 5, eff June 18, 2012. Effect of Amendment The 2012 amendment made nonsubstantive changes.
Nearby Sections
15
§ 55-11-10
Powers of board of trustees.§ 55-11-140
Powers and duties of Commission.§ 55-11-150
Issuance of revenue bonds.§ 55-11-160
Disposition of unpledged revenues.§ 55-11-180
Property and income exempt from taxes.§ 55-11-190
Obligations not to be impaired.§ 55-11-200
Contributions by counties equalized.