South Carolina Statutes
§ 10-7-160 — Value of buildings.
South Carolina § 10-7-160
JurisdictionSouth Carolina
Title 10PUBLIC BUILDINGS AND PROPERTY
Ch. 7INSURANCE ON PUBLIC BUILDINGS AND PROPERTY
This text of South Carolina § 10-7-160 (Value of buildings.) 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. § 10-7-160 (2026).
Text
The value of all public buildings shall be based on the actual cost of such buildings. If the State Fiscal Accountability Authority and the officers, officials or trustees having such buildings in their care and custody cannot agree on a value the value shall be fixed by three appraisers to be appointed and paid as provided in SECTION 10-7-180.
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Legislative History
HISTORY: 1962 Code SECTION 1-445; 1952 Code SECTION 1-445; 1942 Code SECTION 2191; 1936 (39) 1668; 1950 (46) 3605. Code Commissioner's Note At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, SECTION 5(D)(1), effective July 1, 2015.
Nearby Sections
15
§ 10-7-100
Payment of premiums.§ 10-7-120
Authority may reinsure.§ 10-7-130
Insurance reserve funds.§ 10-7-140
Reduction of premiums.§ 10-7-150
Renewals.§ 10-7-160
Value of buildings.§ 10-7-170
Amount of insurance.§ 10-7-180
Appraisers in case of loss or damage.§ 10-7-190
Payment of amount of award.§ 10-7-220
Inspectors.§ 10-7-230
Penalties.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 10-7-160, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/7/10-7-160.