{"data":{"id":"us-sc/s.c.-code-ann.-1-11-580","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 1-11-580","heading":"Fiscal Accountability Authority to make quarterly payments on certain insurance contracts.","body":"The State Fiscal Accountability Authority shall make quarterly payments on insurance contracts where the annual premium exceeds fifty thousand dollars. The board shall undertake necessary negotiations to implement this requirement. Where fees may be incurred for quarterly rather than annual payments, the State Fiscal Accountability Authority shall determine whether the investment income opportunity is greater or less than proposed fees and shall make the decision which best benefits South Carolina.","path":["Title 1 - ADMINISTRATION OF THE GOVERNMENT","CHAPTER 11 Department of Administration","ARTICLE 3 Allocation of State Ceiling on Issuance of Private Activity Bonds"],"source_url":"https://www.scstatehouse.gov/code/t01c011.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:16:29Z","sha256":"1c88f1b4524d0310bffbde776ab784d98debfbc0efb76fa3b3897f6adbd4d82b","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-1-11-570","next":"us-sc/s.c.-code-ann.-1-11-590"},"notice":"GroundRules: Original legal text. Not legal advice."}