South Carolina Statutes
§ 52-5-150 — Use of profits from operation of training and equestrian center.
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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South Carolina § 52-5-150 (Use of profits from operation of training and equestrian center.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1984 Act No. 313, SECTION 6.
Nearby Sections
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§ 52-5-100
Short title.§ 52-5-140
Equipment, machinery, and supplies.§ 52-5-20
Name of horse may not be changed.§ 52-5-30
Determination of class.