South Carolina Statutes

§ 59-133-50 — Authority to sell or lease donated real property.

South Carolina·Title 59 EDUCATION·Ch. 133 FRANCIS MARION UNIVERSITY
Upon approval of the State Fiscal Accountability Authority or the Department of Administration, as appropriate, the board is authorized to lease or sell any real property which may have been or may be donated to the university during any fund campaign. The proceeds of any lease or sale must be applied to the original purpose of the donation of the property leased or sold.

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South Carolina § 59-133-50 (Authority to sell or lease donated real property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1988 Act No. 510, SECTION 2; 2008 Act No. 355, SECTION 8, eff June 25, 2008. Effect of Amendment The 2008 amendment reenacted this section with no apparent change.

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