The board may employ a director and other staff as necessary to carry out the provisions of this article; however, administration of this article may not exceed twenty percent of the total funds credited to the trust fund, excluding the administrative fee paid to the Department of Revenue pursuant to Section 12-6-5080.
S.C. Code Ann. § 44-53-870
Director and staff; maximum administrative costs
Applied in 1 court decision — leading case United States v. Rita Oneil (2013)
Most recently applied in United States v. Rita Oneil (October 2013)
1997 Act No. 155, Part II, SECTION 64B.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.