South Carolina Statutes
§ 59-118-50 — Use of disbursements.
Disbursements from the earnings must be used to provide funds for academic purposes, to include academic scholarships, and are then eligible to receive state matching funds.
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South Carolina § 59-118-50 (Use of disbursements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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.