Home/South Carolina/Statutes/Title 11: PUBLIC FINANCE/Ch. 43: SOUTH CAROLINA TRANSPORTATION INFRASTRUCTURE BANK ACT/§ 11-43-220
South Carolina Statutes

§ 11-43-220 — Liability.

South Carolina § 11-43-220
JurisdictionSouth Carolina
Title 11PUBLIC FINANCE
Ch. 43SOUTH CAROLINA TRANSPORTATION INFRASTRUCTURE BANK ACT

This text of South Carolina § 11-43-220 (Liability.) 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. § 11-43-220 (2026).

Text

Neither the board nor any officer, employee, or committee of the bank acting on behalf of it, while acting within the scope of this authority, is subject to any liability resulting from carrying out any of the powers given in this chapter.

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

Legislative History

HISTORY: 1997 Act No. 148, SECTION 2.

Nearby Sections

15
§ 11-43-110
Short title.
§ 11-43-120
Creation of South Carolina Transportation Infrastructure Bank; board of directors; corporate purpose; accounts.
§ 11-43-130
Definitions.
§ 11-43-140
Board of directors; members; terms; vacancies.
§ 11-43-150
Powers of bank; limitations.
§ 11-43-160
Sources for capitalization and purposes of bank; use of state highway account revenues.
§ 11-43-165
Repealed.
§ 11-43-167
Fees and fines credited to the State Highway Fund.
§ 11-43-170
Earnings on federal and state accounts; establishment of accounts and subaccounts; commingling of funds, compliance with federal law.
§ 11-43-180
Loans and other financial assistance; approval by Joint Bond Review Committee; term; financing agreement; terms and conditions; selection of projects, preference, considerations.
§ 11-43-190
Financing agreements; application of other statutes or provisions; obligations secured by ad valorem taxes; security interest in project revenues; expenditure of proceeds.
§ 11-43-200
Exemption from taxes or assessments.
§ 11-43-210
Failure of governmental unit to remit amounts due; withholding of funds.
§ 11-43-220
Liability.
§ 11-43-230
Notice, proceeding, or publication not necessary; bank not subject to referendum.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Carolina § 11-43-220, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/43/11-43-220.