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S.C. Code Ann. § 59-29-560

Disbursement of and accountability for funds; penalties

2006 Act No. 382, SECTION 2, eff June 14, 2006.

(A) Schools shall demonstrate to the Financial Literacy Office the accountability of funds distributed pursuant to this chapter.

(B) Disbursements may be made only on the written authorization of the individual designated by the school district and only for the purposes specified. A person violating this section is guilty of a misdemeanor and, upon conviction, must be fined five thousand dollars or imprisoned for six months, or both.

(C) The offenses of misuse, misappropriation, and embezzlement of public funds apply to this chapter.

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