Volume Cap allocation

S.C. Code Ann. § 11-18-30, under Title 11, Chapter 18.

S.C. Code Ann. § 11-18-30

For any Volume Cap allocation of Qualified Energy Conservation Bonds and any other Volume Cap allocation for Other Federal Bonds, which has not been or shall not be further suballocated by the Code, the Internal Revenue Service or the United States Department of the Treasury, the board is authorized to suballocate such Volume Cap allocation.