South Carolina Statutes
§ 33-56-160 — Administrative fines and fees; disposition.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 56 SOLICITATION OF CHARITABLE FUNDS
(A)The first two hundred thousand dollars in administrative fine revenue received pursuant to this chapter in a fiscal year, not including fine revenues collected pursuant to Section 33-56-75, may be retained by the Secretary of State to offset the expenses of enforcing this chapter. All administrative fines collected pursuant to this chapter in excess of two hundred thousand dollars in a fiscal year, not including fine revenues collected pursuant to Section 33-56-75, must be transmitted to the State Treasurer and deposited in the state general fund. All fees collected pursuant to this chapter must be transmitted to the State Treasurer and deposited in a fund separate and distinct from the state general fund and used by the Secretary of State for the purpose of administering the provision
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 33-56-160 (Administrative fines and fees; disposition.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1994 Act No. 461, SECTION 1; 1996 Act No. 458, Part II, SECTION 28Q; 1998 Act No. 368, SECTION 18; 2000 Act No. 336, SECTION 1; 2010 Act No. 156, SECTION 2, eff May 11, 2010. Editor's Note 2010 Act No. 156, SECTION 3, provides as follows: "This act takes effect upon approval by the Governor and applies to all transactions or contracts entered into on or after that date." Effect of Amendment The 2010 amendment designated the existing section as (A), added exclusionary language to subsection (A), and added subsection (B) relating to treatment of administrative fines collected pursuant to section 33-56-75.
Nearby Sections
15
§ 33-56-10
Short Title.§ 33-56-100
Fiscal records; retention for three years.§ 33-56-120
Misrepresentations prohibited.§ 33-56-145
Penalties.§ 33-56-150
Division of Public Charities; Director.§ 33-56-160
Administrative fines and fees; disposition.§ 33-56-170
Definitions of "charitable organization" and "employee" for purposes of SECTION 33-56-180.§ 33-56-180
Limitation of liability for injury or death caused by employee of charitable organization.§ 33-56-190
Exchange of information with other states.§ 33-56-20
Definitions.§ 33-56-200
Severability of provisions.