South Carolina Statutes
§ 50-9-965 — Marine Resources Deferred License Fund.
South Carolina § 50-9-965
This text of South Carolina § 50-9-965 (Marine Resources Deferred License Fund.) 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. § 50-9-965 (2026).
Text
(A)The Marine Resources Deferred License Fund is created for the purpose of receiving revenue generated from the sale of three year saltwater licenses, permits, stamps, and tags.
(B)Receipts from each license year shall be transferred to the Marine Resources Fund as follows:
(1)fifty percent during the first fiscal year after receipt; and (2) the balance during the second fiscal year after receipt. Where applicable, each transfer shall distribute the receipts based on the allocations specified in Section 50-9-920(C).
(C)Interest earned on balances in the fund shall be credited to the fund and transferred to the Marine Resources Fund in the same manner.
(D)Balances in the fund shall be retained and carried forward annually.
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Legislative History
HISTORY: 2010 Act No. 233, SECTION 11, eff July 1, 2010; 2013 Act No. 94, SECTION 15, eff July 1, 2013. Effect of Amendment The 2013 amendment rewrote the section.
Nearby Sections
15
§ 50-9-1110
"Conviction" defined.§ 50-9-1120
Point system for violations.§ 50-9-1130
Deduction of accumulated points.§ 50-9-1150
Notice of suspension; appeals.§ 50-9-1160
Repealed.§ 50-9-1170
Expiration of suspension period.§ 50-9-1180
Administration; promulgation of regulations.§ 50-9-1190
Other laws of the State.§ 50-9-1210
Effect of points and penalties.§ 50-9-15
Definitions.§ 50-9-30
Residency requirements.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 50-9-965, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/9/50-9-965.