S.C. Code § 38-45-55

Current through 2024 Act No. 225.
Section 38-45-55 - Revenue

The revenue collected from the broker's premium tax rate imposed pursuant to the provisions of Sections 38-45-20(5), 38-45-30(4), and 38-45-190, must be credited to a special earmarked fund, distinct from the general fund, and expended only for the purposes provided in this chapter.

S.C. Code § 38-45-55

Added by 2012 S.C. Acts, Act No. 283 (SB 1419), s 1, eff. 1/1/2012.

Code Commissioner's Note

At the direction of the Code Commissioner, the reference to "38-45-30(6)" was corrected to reference "38-45-30(4)" to reflect the amendment of Section 38-45-30 by 2016 Act No. 194.