South Carolina § 49-7-140 Disposition of revenues.

South Carolina Statutes

§ 49-7-140 — Disposition of revenues.

South Carolina·Title 49 WATERS, WATER RESOURCES AND DRAINAGE·Ch. 7 BUSHY PARK AUTHORITY

All net revenues derived from the Project, whose disposition the Authority shall not have covenanted to otherwise dispose of, or which it shall not need for repairs, improvements, additions or extensions, shall be disposed of as follows:

(1)Fifty per cent shall be paid to the treasurer of Berkeley County and applied by him to corporate purposes of Berkeley County; and (2) Fifty per cent shall be paid to the treasurer of the city of Charleston and applied by him to corporate purposes of the city of Charleston.

Free access — add to your briefcase to read the full text and ask questions with AI

All net revenues derived from the Project, whose disposition the Authority shall not have covenanted to otherwise dispose of, or which it shall not need for repairs, improvements, additions or extensions, shall be disposed of as follows: (1) Fifty per cent shall be paid to the treasurer of Berkeley County and applied by him to corporate purposes of Berkeley County; and (2) Fifty per cent shall be paid to the treasurer of the city of Charleston and applied by him to corporate purposes of the city of Charleston.

South Carolina § 49-7-140 (Disposition of revenues.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.