Upon dissolution of a charter school, its assets may not inure to the benefit of any private person. Any assets obtained through restricted agreements with a donor through awards, grants, or gifts must be returned to that entity. All other assets become property of the State of South Carolina.
Dissolution of charter school
S.C. Code Ann. § 59-40-120, under Title 59, Chapter 40.
S.C. Code Ann. § 59-40-120