S.C. Code § 55-11-160

Current through 2024 Act No. 225.
Section 55-11-160 - Disposition of unpledged revenues

All revenues derived by the commission from the operation of any revenue-producing facility which may not be required to discharge covenants made by it in issuing bonds, notes or other obligations authorized by Section 55-11-150, shall be held, disposed of or expended by the commission for purposes germane to the functions of the district.

S.C. Code § 55-11-160

Amended by 2012 S.C. Acts, Act No. 270 (HB 3918), s 5, eff. 6/18/2012.
1959 (51) 101; 1962 Code Section 2-320.