South Carolina Statutes
§ 41-43-210 — Funds for administrative purposes.
South Carolina·Title 41 LABOR AND EMPLOYMENT·Ch. 43 SOUTH CAROLINA JOBS - ECONOMIC DEVELOPMENT FUND ACT
All funds of the authority must be segregated or otherwise accounted for as administrative or program funds and deposited by the authority in a financial institution or institutions to be designated by the State Treasurer in accordance with policies established by the board of the authority. Funds of the authority must be paid out only upon warrants issued in accordance with policies established by the board of the authority. No warrants may be drawn or issued disbursing any of the funds of the authority except for a purpose authorized by this chapter.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 41-43-210 (Funds for administrative purposes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1983 Act No. 145 SECTION 22; 1992 Act No. 404, SECTION 7, eff July 1, 1992. Effect of Amendment The 1992 amendment revised this section.
Nearby Sections
15
§ 41-43-10
Citation of chapter.§ 41-43-100
Industrial development projects.§ 41-43-110
Issuance of bonds; utilization of proceeds.§ 41-43-130
Bonds and income exempt from certain taxes; exemption of documents from transfer and stamp taxes.§ 41-43-150
Antidiscrimination in administration of programs; persons and projects eligible for assistance.§ 41-43-170
Guaranty fund authorized; purposes.§ 41-43-20
Definitions.§ 41-43-210
Funds for administrative purposes.