South Carolina Statutes
§ 59-118-100 — Proportionate shares; undistributed funds.
South Carolina § 59-118-100
This text of South Carolina § 59-118-100 (Proportionate shares; undistributed 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. § 59-118-100 (2026).
Text
The Commission on Higher Education shall ensure that each qualifying college or university receives its proportionate share of the State Higher Education Matching Gift Fund based on the ratio of disbursements. Any monies in the State Higher Education Matching Gift Fund not distributed in any year shall be carried forward for the same purposes in future years and all earnings on monies in the State Higher Education Matching Gift Fund must be retained in the fund and used for its stated purposes.
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Legislative History
HISTORY: 1997 Act No. 155, Part II, SECTION 21A.
Nearby Sections
10
§ 59-118-10
Short title.§ 59-118-100
Proportionate shares; undistributed funds.§ 59-118-20
Purpose.§ 59-118-30
Definitions.§ 59-118-50
Use of disbursements.§ 59-118-70
Provision of matching funds.§ 59-118-80
Conditions on matching gifts.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-118-100, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/118/59-118-100.