{"data":{"id":"us-sc/s.c.-code-ann.-59-118-100","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 59-118-100","heading":"Proportionate shares; undistributed funds.","body":"The Commission on Higher Education shall ensure that each qualifying college or university receives its proportionate share of the State Higher Education Matching Gift Fund based on the ratio of disbursements. Any monies in the State Higher Education Matching Gift Fund not distributed in any year shall be carried forward for the same purposes in future years and all earnings on monies in the State Higher Education Matching Gift Fund must be retained in the fund and used for its stated purposes.","path":["Title 59 - EDUCATION","CHAPTER 118 South Carolina Academic Endowment Incentive Act"],"source_url":"https://www.scstatehouse.gov/code/t59c118.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T08:04:14Z","sha256":"a1b22f20b9936be392bb4e2dc0efeb5d54a31dd24ab76ce911710dbb1ae62aac","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-59-118-90","next":"us-sc/s.c.-code-ann.-59-119-10"},"notice":"GroundRules: Original legal text. Not legal advice."}