South Carolina Statutes
§ 5-37-40 — Establishment of improvement districts; written consent of owners.
South Carolina § 5-37-40
This text of South Carolina § 5-37-40 (Establishment of improvement districts; written consent of owners.) 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. § 5-37-40 (2026).
Text
(A)If the governing body finds that:
(1)improvements would be beneficial within a designated improvement district;
(2)the improvements would preserve or increase property values within the district;
(3)in the absence of the improvements, property values within the area would be likely to depreciate, or that the proposed improvements would be likely to encourage development in the improvement district;
(4)the general welfare and tax base of the city would be maintained or likely improved by creation of an improvement district in the city; and (5) it would be fair and equitable to finance all or part of the cost of the improvements by an assessment upon the real property within the district, the governing body may establish the area as an improvement district and implement and finance,
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Legislative History
HISTORY: 1962 Code SECTION 59-599.154; 1974 (58) 2813; 1987 Act No. 160 SECTION 1; 1988 Act No. 505, SECTION 2; 1999 Act No. 118, SECTION 2; 2005 Act No. 109, SECTIONS 7.A, 7.B, eff June 2, 2005; 2010 Act No. 282, SECTION 3, eff June 16, 2010; 2010 Act No. 290, SECTION 33.D, eff January 1, 2011; 2012 Act No. 268, SECTION 2, eff June 20, 2012. Effect of Amendment The 2005 amendment, in item (A)(5) and subsection (B), in the last sentence added "or will be taxed" and "at the time the improvement district is created". The two 2010 amendments, in subsection (A)(5) and subsection (B), inserted "except in the case of an improvement district in which the sole improvements are the widening and dredging of canals,"; in the second sentence of paragraph (A)(5) substituted "pursuant to" for "under"; in the first sentence of subsection (B), substituted "pursuant to Chapter 6, Title 31," for "under Title 31, Chapter 6,"; and in the third sentence of subsection (B) substituted "pursuant to" for "under". The 2012 amendment inserted "and waterways that are connected to canals as described in Section 48-39-130(D)(10)" and made other, nonsubstantive, changes in subsections (A)(5) and (B).
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Bluebook (online)
South Carolina § 5-37-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/5-37-40.