All revenues derived by the authority from the operation of its facilities, which may not be required to discharge covenants made by it in issuing bonds, notes, or other obligations authorized by this chapter, shall be disposed of by the authority from time to time for purposes germane to the functions of the authority.
S.C. Code Ann. § 6-37-100
Disposition of revenues
Known as the Beaufort-Jasper Water and Sewer Authority Act
The act spans §§ 6–6 (12 sections).
2009 Act No. 55, SECTION 1, eff June 2, 2009.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.