Upon receiving the approval of the State Fiscal Accountability Authority or Department of Administration, as appropriate, the Department of Behavioral Health and Developmental Disabilities shall obligate itself to apply all monies derived from its revenues to the payment of the principal and interest of its outstanding obligations and those to be issued and to deliver to the board its obligations.
S.C. Code Ann. § 44-20-1160
Use of monies derived from revenues
1990 Act No. 496, SECTION 1; 1993 Act No. 181, SECTION 1078; 2011 Act No. 47, SECTION 2, eff June 7, 2011.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.