Public-domain · open source
OpenJurist

S.C. Code Ann. § 50-3-1030

Assets of fund

2014 Act No. 168 (S.1010), SECTION 1, eff May 16, 2014.

The assets of the fund may be derived from:

(1) appropriations of state general funds, federal funds, donations, gifts, bond-issue receipts, securities, and other monetary instruments of value;

(2) the proceeds of any gifts, grants, and contributions to the State which are designated specifically for inclusion;

(3) funds derived from the Yawkey Foundation, a charitable trust established under the will of Thomas A. Yawkey, deceased;

(4) funds received through sale, exchange, or otherwise, of products of the property including, but not limited to, timber;

(5) restricted interest income, contributions, and donations;

(6) other lawful sources; and

(7) the reimbursement for monies expended from this fund which must be redeposited into the fund.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.