The authority must implement the programs of this act as soon as practicable. The authority must exercise care in the performance of its duties and the selection of specific programs and business enterprises to receive its assistance. The authority may delegate its authority to implement the programs authorized to any governmental agency or financial institution. The authority must retain ultimate responsibility and provide proper oversight for the implementation.
S.C. Code Ann. § 41-43-80
Implementation of programs; delegation of authority; responsibility for programs
Known as the South Carolina Jobs - Economic Development Fund Act
The act spans §§ 41–41 (30 sections).
1983 Act No. 145 SECTION 9.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.