South Carolina Statutes

§ 59-150-310 — Spending power of commission; self-funded and self-sustaining; lease, purchase, procurement.

South Carolina·Title 59 EDUCATION·Ch. 150 SOUTH CAROLINA EDUCATION LOTTERY ACT
(A)The commission may expend, pursuant to the provisions of this chapter, monies received from any source, including income from the commission's operations, for effectuating its purposes, including the payment of the initial expenses of organization, administration, and operation of the commission and the lottery.
(B)The commission must be self-sustaining and self-funded. Monies in the state general fund must not be used or obligated to pay the expenses of the commission or prizes of the lottery, and a claim for the payment of an expense of the lottery or prizes of the lottery must not be made against monies other than monies credited to the commission operating account.
(C)The commission may purchase, lease, or lease-purchase goods or services necessary for effectuating the purposes o

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South Carolina § 59-150-310 (Spending power of commission; self-funded and self-sustaining; lease, purchase, procurement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 2001 Act No. 59, SECTION 2.

Nearby Sections

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