The State Treasurer shall transfer to the Department of Parks, Recreation, and Tourism that portion of the former Tricentennial Fund consisting of nine hundred eighty-two thousand, seven dollars and fifty cents recovered in litigation as a result of defects in certain buildings owned by the former Tricentennial Commission. Five hundred thousand dollars of such moneys shall be deposited in the trust fund and the balance shall be used by the department for capital improvements as it sees fit.
S.C. Code Ann. § 51-11-30
Transfer of Tricentennial Fund
1962 Code SECTION 51-79.13; 1974 (58) 2070; 1993 Act No. 181, SECTION 1278, eff July 1, 1993.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.