The board shall establish a foundation and maintain an endowment fund for the school.
S.C. Code Ann. § 59-50-70
Foundation and endowment fund
1994 Act No. 447, SECTION 1; 2005 Act No. 84, SECTION 1, eff May 26, 2005.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.