Research About Meet PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choiceshello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution

Knowledge

Search Polipedia
Daily Briefings
Calculators
What is Policy Risk?
The Countdown

Company

About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choices

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

South Carolina Statutes, Title 11

™

Your Policy Risk Impact Agent

South Carolina/Statutes

← All South Carolina coverage

Title 11, Public Finance

40 chapters · 702 sections in this title.

All chapters in Title 11702 Ch 35, Title 11, Chapter 35139 Ch 9, Title 11, Chapter 953 Ch 43, Title 11, Chapter 4345 Ch 5, Title 11, Chapter 535 Ch 15, Title 11, Chapter 1535 Ch 11, Title 11, Chapter 1134 Ch 37, Title 11, Chapter 3728 Ch 40, Title 11, Chapter 4027 Ch 3, Title 11, Chapter 320 Ch 50, Title 11, Chapter 5020 Ch 41, Title 11, Chapter 4119 Ch 49, Title 11, Chapter 4917 Ch 57, Title 11, Chapter 5717 Ch 1, Title 11, Chapter 115

13 sections·Filtered byTitle 11✕Ch 45✕

S.C. Code Ann. § 11-45-10 Short title
0.1K chars
This chapter may be cited as the "Venture Capital Investment Act of South Carolina".
S.C. Code Ann. § 11-45-100 Power of authority to implement chapter; employment of persons
0.8K chars
(A) The authority has the power to establish guidelines and regulations and make any contract (including without limitation any designated investor contract), execute any document, perform any act, or enter into any financial or other transaction necessary to implement this chapt…
S.C. Code Ann. § 11-45-105 Approval of guidelines
0.1K chars
Any guideline issued by the authority pursuant to this chapter must be approved by the State Fiscal Accountability Authority.
S.C. Code Ann. § 11-45-20 Legislative intent
0.7K chars
The General Assembly desires to increase the availability of equity, near-equity, or seed capital for emerging, expanding, relocating, and restructuring enterprises in the State, so as to help strengthen the state's economic base, and to support the economic development goals of …

S.C. Code Ann. § 11-45-30 Definitions

4.7K chars

For purposes of this chapter: (1) "Authority" means the South Carolina Venture Capital Authority created pursuant to this chapter. (2) "Certificate" means a document executed by the authority pursuant to which a tax credit is available to a person pursuant to this chapter. (3) "E…

S.C. Code Ann. § 11-45-40 South Carolina Venture Capital Authority; appointment, qualifications and terms of directors; authority; conflict of interest

4.0K chars

(A) There is created, within the South Carolina Department of Commerce, the South Carolina Venture Capital Authority. (B)(1) The authority must be governed by a board composed of seven directors, one of whom must be appointed by the Speaker of the House of Representatives, one of…

S.C. Code Ann. § 11-45-50 Solicitation of investment plans; contents; contracts with designated investor groups

2.4K chars

(A)(1) The authority shall solicit as necessary from time to time investment plans for the raising and investing of capital in accordance with the requirements of this chapter. (2) Investment plans submitted shall address such matters as may be required by the authority including…

S.C. Code Ann. § 11-45-55 Tax credit certificates

4.6K chars

(A) Each designated investor group shall have the power and authority to borrow funds from lenders and invest those funds in accordance with the provisions of this chapter and its designated investor contract. (B) The authority shall issue tax credit certificates to each lender c…

S.C. Code Ann. § 11-45-60 Selection of investment plans

0.7K chars

Each designated investor group authorized by its designated investor contract shall solicit from investors plans for the investing of capital held in the designated investor group's revolving fund in accordance with the requirements of this chapter. Each designated investor group…

S.C. Code Ann. § 11-45-70 Venture capital investment requirements

3.0K chars

In order for a designated investor group to place monies held in its revolving fund with an investor for the purpose of making a venture capital investment, the following requirements must be met: (1) No investment by an investor in any one investment may exceed five million doll…

S.C. Code Ann. § 11-45-80 South Carolina Technology Innovation Fund established; purposes

1.3K chars

In addition to and apart from the other duties and functions of the authority, there is created under the administration of the board of directors of the authority, a fund entitled the South Carolina Technology Innovation Fund which shall receive that funding as may be provided b…

S.C. Code Ann. § 11-45-90 Reports by investor groups to Venture Capital Authority; contents

1.1K chars

Each designated investor group shall provide an annual report to the authority with that information as may be required by the authority, and which shall: (1) include an annual audit of the activities conducted by the designated investor group; (2) document and review the progres…

S.C. Code Ann. § 11-45-95 Reports by authority; contents

1.9K chars

(A) The authority shall provide an annual report to the Governor, the General Assembly, and other appropriate officials and entities containing at a minimum the following information: (1) monies placed in venture capital investments with approved investors and South Carolina base…