The authority or a nonprofit affiliate designated by the authority may implement the provisions of this chapter. A designated nonprofit affiliate shall establish a separate and distinct fund. Monies provided to the affiliate fund must be subject to the same conditions and requirements provided by law that apply to a fund established by the authority. Grants from the affiliate fund must be made with the consent of the executive committee of the authority. The provisions of this chapter and Section 12-6-3630 apply to the affiliate fund.
S.C. Code Ann. § 11-46-70
Designation of nonprofit affiliate to implement provisions of chapter
Known as the South Carolina Hydrogen Infrastructure Development Act
The act spans §§ 11–11 (7 sections).
2007 Act No. 83, SECTION 2.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.