South Carolina Statutes
§ 11-57-40 — Chapter inapplicable to certain procurements or contracts.
This chapter does not apply to a procurement or contract valued at ten thousand dollars or less.
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Legislative History
HISTORY: 2014 Act No. 267 (H.3021), SECTION 1, eff September 7, 2014; 2015 Act No. 63 (H.3583), SECTION 3, eff June 4, 2015. Editor's Note 2015 Act No. 63, SECTION 5, provides as follows: "SECTION 5. This act takes effect upon approval by the Governor and does not apply to contracts entered into before the effective date of this act." Effect of Amendment 2015 Act No. 63, SECTION 3, substituted "ten thousand" for "one thousand".
Nearby Sections
15
§ 11-57-10
Short title.§ 11-57-20
Findings.§ 11-57-30
Definitions.§ 11-57-300
Investment activities in Iran.§ 11-57-340
Report.§ 11-57-720
Fiduciary responsibilities.