{"data":{"id":"us-sc/s.c.-code-ann.-59-118-20","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 59-118-20","heading":"Purpose.","body":"The purposes of this chapter are to:\n(1) further the state's efforts to meet its responsibility for the intellectual development of our youth;\n(2) enhance statewide economic development through initiatives in higher education; to provide incentives to individuals, corporations, or private funding organizations to create endowments to support the teaching and related activities at South Carolina's public colleges and universities;\n(3) supplement the financial impacts of newly created endowments that support these colleges and universities.","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":"37eb892f32983099fc700865844eef430aeb7d8497451d31142fd07c2faaa579","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-59-118-10","next":"us-sc/s.c.-code-ann.-59-118-30"},"notice":"GroundRules: Original legal text. Not legal advice."}