South Carolina Statutes

§ 13-12-190 — Carryover of unexpended funds from year to year.

South Carolina·Title 13 PLANNING, RESEARCH AND DEVELOPMENT·Ch. 12 TRIDENT ECONOMIC DEVELOPMENT FINANCE AUTHORITY

The authority shall retain any unexpended funds at the close of the fiscal year of the State regardless of the source of the funds and expend the funds in subsequent fiscal years.

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South Carolina § 13-12-190 (Carryover of unexpended funds from year to year.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1992 Act No. 515, SECTION 1, eff September 1, 1992; 1992 Act No. 518, SECTION 1, eff September 2, 1992.

Nearby Sections

15

§ 13-12-10

Authority created; jurisdictional area; governing body; selection and terms of members; filling of vacancies.

§ 13-12-100

Notice of governing bodies' actions; call for election.

§ 13-12-110

Right to challenge action taken by county governing bodies.

§ 13-12-120

Manner of election; majority vote required.

§ 13-12-130

Issuance of bonds following authorization.

§ 13-12-15

Referendum in nonparticipating county whether to participate in authority.

§ 13-12-150

Signature and attestation of bonds and interest coupons.

§ 13-12-160

Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.

§ 13-12-170

General obligation bonds secured by full faith and credit and taxing power; revenue bonds of limited obligation; security; trustee of security agreement or indenture.

§ 13-12-180

Net earnings of authority not to inure to benefit of person other than authority.

§ 13-12-190

Carryover of unexpended funds from year to year.

§ 13-12-20

Officers of governing board; committees; meetings; quorum.

§ 13-12-200

Determinations required to be made by authority prior to undertaking projects; determinations to be set forth in record of proceedings.

§ 13-12-210

Disposition of proceeds from sale of bonds; what constitutes cost of acquiring project.

§ 13-12-220

Implementation contingent upon vote of electors in two or more of affected counties.

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