Home/South Carolina/Statutes/Title 11: PUBLIC FINANCE/Ch. 9: STATE FINANCES GENERALLY/§ 11-9-620
South Carolina Statutes

§ 11-9-620 — Handling of funds.

South Carolina·Title 11 PUBLIC FINANCE·Ch. 9 STATE FINANCES GENERALLY
All monies arising from the redemption of lands, leases, and sales of property or otherwise coming to the authority for the Sinking Fund, must be paid into the State Treasury and kept on a separate account by the Treasurer as a fund to be drawn upon the warrants of the department for the exclusive uses and purposes which have been or shall be declared in relation to the Sinking Fund.

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South Carolina § 11-9-620 (Handling of funds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 1-792; 1952 Code SECTION 1-792; 1942 Code SECTION 2138; 1932 Code SECTION 2138; Civ. C. '22 SECTION 99; Civ. C. '12 SECTION 94; Civ. C. '02 SECTION 90; G. S. 62; R. S. 84; 1870 (14) 388; 1883 (18) 380; 1950 (46) 3605; 2014 Act No. 121 (S.22), Pt V, SECTION 7.T.1, eff July 1, 2015. Effect of Amendment 2014 Act No. 121, SECTION 7.T.1 substituted "authority" for "State Budget and Control Board", substituted "department" for "board", and made other nonsubstantive changes.

Nearby Sections

15
§ 11-9-10
Money to be spent only for purpose or activity specifically appropriated.
§ 11-9-105
Contracts for legal or consultant services.
§ 11-9-110
Organization to which contribution is appropriated to submit statement to Executive Budget Office and the Revenue and Fiscal Affairs Office as to nature and function of organization and use of contribution.
§ 11-9-1110
Board of Economic Advisors; membership and appointment; reporting; staffing.
§ 11-9-1120
Procedures relative to changes in revenue or expenditure forecast or projection; adjustments in appropriations or requests; meetings of board; board as official state voice on economic matters.
§ 11-9-1130
Board of Economic Advisors to make forecasts of economic conditions; adjustments to forecasts; review of revenues; synopsis of revenue shortfalls; publication of reports.
§ 11-9-1140
Quarterly revenue estimates; reduction of general appropriations; action to avoid year-end deficit.
§ 11-9-115
Certain purchases made by State not subject to fair trade contracts.
§ 11-9-125
Order of expenditure of funds by state agencies; remittance of certain funds to state general fund.
§ 11-9-130
Funds for capital improvement projects not on state-owned property.
§ 11-9-140
Transfer of capital improvement bond balances to Bond Contingency Revolving Fund; exemptions; determination and review.
§ 11-9-15
Use of state funds for function at club practicing discrimination prohibited.
§ 11-9-20
Disbursing officers exceeding or transferring appropriations.
§ 11-9-210
Certificates of indebtedness and certain checks cannot be issued by state officers.
§ 11-9-220
Debt in excess of appropriation prohibited.
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