South Carolina Statutes
§ 59-111-770 — Final disbursements from fund; dissolution of fund.
Any funds remaining in the fund July 1, 1999, or any funds which have reverted to the fund pursuant to Section 59-111-730(B), shall be distributed equally among the board if it has established an endowment and each qualifying institution that has established an endowment and raised the required match funds. Funds distributed pursuant to this section must be used only for the purpose of increasing the corpus of the endowment. Upon final disbursement of all funds in accordance with this section, the fund shall be dissolved.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 59-111-770 (Final disbursements from fund; dissolution of fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1994 Act No. 497, Part II, SECTION 104.
Nearby Sections
15
§ 59-111-120
"Fireman" defined.§ 59-111-130
"Law enforcement officer" defined.§ 59-111-140
"Corrections officer" defined.§ 59-111-145
"Government employee" defined.§ 59-111-150
"State-supported college or university" defined.§ 59-111-160
"Total disability" defined.§ 59-111-170
Application for free tuition.§ 59-111-180
Penalties for misrepresenting eligibility.§ 59-111-20
Free tuition for certain veterans' children.§ 59-111-30
South Carolina defense scholarship fund.§ 59-111-310
"Tuition" defined.