The Public Service Authority may adopt the calendar year as its fiscal year, but the adoption does not affect payments made by the Authority to the general fund of the State.
S.C. Code Ann. § 58-31-220
Authorization for Public Service Authority to adopt calendar year as its fiscal year
Applied in 1 court decision — leading case South Carolina Public Service Authority v. Citizens & Southern National Bank (1989)
Most recently applied in South Carolina Public Service Authority v. Citizens & Southern National Bank (October 1989)
1988 Act No. 658, Part II, SECTION 31, eff June 8, 1988.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.