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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 13-12-180: Net earnings of authority not to inure to benefit of person other than authority.

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Where this section sits in the code
  1. Title 13 - PLANNING, RESEARCH AND DEVELOPMENT
  2. CHAPTER 12 Trident Economic Development Finance Authority

The net earnings of the authority, beyond that necessary for retirement of its bonds or other obligations or to implement the purposes of this chapter, may not inure to the benefit of any person other than the authority.

Collected 2026-09-02T06:38:29Z. Source file · JSON

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