South Carolina § 52-5-150 Use of profits from operation of training and equestrian center.

South Carolina Statutes

§ 52-5-150 — Use of profits from operation of training and equestrian center.

South Carolina § 52-5-150

Title 52AMUSEMENTS AND ATHLETIC CONTESTS

Ch. 5HORSE RACING

This text of South Carolina § 52-5-150 (Use of profits from operation of training and equestrian center.) 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. § 52-5-150 (2026).

Text

In the operation of the training and equestrian center, the net profits, if any, exclusive of those attributed to the running of the Carolina Cup and related races, must be retained for expansion or maintenance of the Springdale operation or annually be remitted to the State Treasurer and deposited in the Springdale Fund; but the Association may not retain or carry forward an amount exceeding thirty-five thousand dollars.

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In the operation of the training and equestrian center, the net profits, if any, exclusive of those attributed to the running of the Carolina Cup and related races, must be retained for expansion or maintenance of the Springdale operation or annually be remitted to the State Treasurer and deposited in the Springdale Fund; but the Association may not retain or carry forward an amount exceeding thirty-five thousand dollars.