South Carolina § 11-35-4870 Use of payments received by a supplying public procurement unit.

South Carolina Statutes

§ 11-35-4870 — Use of payments received by a supplying public procurement unit.

South Carolina § 11-35-4870

Title 11PUBLIC FINANCE

Ch. 35SOUTH CAROLINA CONSOLIDATED PROCUREMENT CODE

This text of South Carolina § 11-35-4870 (Use of payments received by a supplying public procurement unit.) 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. § 11-35-4870 (2026).

Text

All payments from any public procurement unit or external procurement activity received by the Division of Procurement Services in connection with sponsoring or administering a cooperative purchase, must be deposited in the State Treasury in a special account and expended only for the costs of providing the goods and services, and such funds may be retained and expended for the same purposes.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

HISTORY: 1981 Act No. 148, SECTION 1; 1997 Act No. 153, SECTION 1; 2019 Act No. 41 (S.530), SECTION 70, eff May 13, 2019. Editor's Note 2019 Act No. 41, SECTION 80, provides as follows: "SECTION 80. This act takes effect upon approval by the Governor and applies to solicitations issued after that date." Effect of Amendment 2019 Act No. 41, SECTION 70, rewrote the section, providing that certain payments must be deposited in a special revenue account.