A state agency responsible by law for the collection of revenues from any source annually to be applied to payments of interest and principal on general obligation bonds of the State shall remit the revenue collected to the State Treasurer for credit to the state's General Fund, and the revenue submitted constitutes a reimbursement.
S.C. Code Ann. § 11-9-370
State agency to remit revenue for payments on general obligation bonds to State Treasurer
1995 Act No. 145, Part II, SECTION 28.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.