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South Carolina Statutes, Title 10

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South Carolina/Statutes

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Title 10, Public Buildings and Property

6 chapters · 121 sections in this title.

All chapters in Title 10121 Ch 1, Title 10, Chapter 134 Ch 9, Title 10, Chapter 925 Ch 11, Title 10, Chapter 1123 Ch 7, Title 10, Chapter 722 Ch 5, Title 10, Chapter 511 Ch 3, Title 10, Chapter 36

22 sections·Filtered byTitle 10✕Ch 7✕

S.C. Code Ann. § 10-7-10 Insurance on state public buildings, state-supported institutions, and Department of Transportation buildings
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All insurance on public buildings and on the contents thereof of the State and of all institutions supported in whole or in part by the State shall be carried by the State Fiscal Accountability Authority. Any building or buildings, and the contents thereof, owned by the Departmen…
S.C. Code Ann. § 10-7-100 Payment of premiums
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The premium on all policies of insurance issued by the State Fiscal Accountability Authority shall be paid by the officer, official, or trustee having the property insured under his care and custody upon demand of the authority. If an agency or political subdivision fails to pay …
S.C. Code Ann. § 10-7-120 Authority may reinsure
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The State Fiscal Accountability Authority may reinsure, upon terms which it may deem most advantageous, in a reliable insurance company or companies, such portion of their insurance liability as is commensurate with the principle of safe underwriting. The authority shall from tim…
S.C. Code Ann. § 10-7-130 Insurance reserve funds
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All funds paid over to the State Fiscal Accountability Authority as premiums on policies of insurance and all money received from interest on loans and deposits and from any other source connected with the insurance of public property, provided for herein, shall be held by the au…

S.C. Code Ann. § 10-7-140 Reduction of premiums

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When the insurance reserve fund provided for in SECTION 10-7-130 reaches the sum of five per cent of the total insurance in force, then annually thereafter the State Fiscal Accountability Authority shall proportionately decrease the premium of insurance to an amount which will be…

S.C. Code Ann. § 10-7-150 Renewals

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The State Fiscal Accountability Authority shall notify the officers, officials or trustees having the care and custody of the buildings insured under the provisions of this chapter, in writing, in advance of the expiration of policies of insurance on such buildings, and the offic…

S.C. Code Ann. § 10-7-160 Value of buildings

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The value of all public buildings shall be based on the actual cost of such buildings. If the State Fiscal Accountability Authority and the officers, officials or trustees having such buildings in their care and custody cannot agree on a value the value shall be fixed by three ap…

S.C. Code Ann. § 10-7-170 Amount of insurance

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The amount of insurance to be carried on all buildings and on the contents thereof as provided in this chapter shall be fixed by the State Fiscal Accountability Authority after consultation with the officers, officials or trustees having such buildings in their care and custody. …

S.C. Code Ann. § 10-7-180 Appraisers in case of loss or damage

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In the event of loss or damage, when an agreement as to the extent of such loss or damage cannot be arrived at between the board and the officials having charge of the property, the amount of such loss or damage to be paid by the board shall be determined by three appraisers, one…

S.C. Code Ann. § 10-7-190 Payment of amount of award

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The amount paid by the board, as fixed by the appraisers, shall, in the event the building so damaged or destroyed is a county building or a public school building, be paid over to the county treasurer of the county in which the building is located, to be by him paid out as requi…

S.C. Code Ann. § 10-7-20 Insurance on public buildings of incorporated municipalities

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The State Fiscal Accountability Authority is authorized to insure public buildings owned by incorporated municipalities of the State upon request of the governing body of the municipality. Such insurance shall be provided under the same conditions and procedures and subject to th…

S.C. Code Ann. § 10-7-200 Contracts and loans for hazard reducing systems

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The State Fiscal Accountability Authority may make contracts with responsible manufacturers or installers of nationally recognized hazard reducing systems for the installation of approved nationally recognized hazard reducing systems in state institutions. If such contracts are m…

S.C. Code Ann. § 10-7-210 Losses when authority holds hazard reduction system loans

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In the event of a total or partial loss of any building on which the State Fiscal Accountability Authority carries a loan for the installation of a nationally recognized hazard reduction system, there shall be deducted from the amount of insurance payable, and credited on such lo…

S.C. Code Ann. § 10-7-220 Inspectors

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The State Fiscal Accountability Authority may employ an inspector, or inspectors, whose duty shall be to protect the property of the State from damage or defacement in connection with the installation of nationally recognized hazard reduction systems and may charge the cost there…

S.C. Code Ann. § 10-7-230 Penalties

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Any officer, official or trustee, upon whom the duties provided in this chapter devolve, who fails or refuses to carry out such provisions, shall be guilty of a misdemeanor and, upon conviction thereof, shall be fined in a sum not less than twenty-five dollars, nor more than one …

S.C. Code Ann. § 10-7-30 Insurance on public buildings of counties

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All insurance on public buildings and the contents thereof of the several counties shall be carried by the State Fiscal Accountability Authority.

S.C. Code Ann. § 10-7-40 Insurance on public school buildings

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All insurance of public school buildings and on the contents thereof, whether such buildings are held and operated under the general school laws or laws applicable to special school districts only, shall be carried by the State Fiscal Accountability Authority.

S.C. Code Ann. § 10-7-50 Cancellation or reduction of insurance on abandoned school buildings

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If any school building be abandoned for use for school purposes, the board may cancel or reduce all insurance carried by it on such abandoned school building and its contents, and the board shall not be required to renew existing insurance or write any insurance on any such build…

S.C. Code Ann. § 10-7-60 Cancellation in case of dilapidation and depreciation

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The State Fiscal Accountability Authority may cancel any policy of insurance on any public building when in its judgment such building is no longer an insurable risk because of dilapidation and depreciation; provided, that at least ten days before any such cancellation the board …

S.C. Code Ann. § 10-7-70 Officials in charge of buildings shall provide for insurance

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The proper officer, official or trustee having by law the care and custody of state and county buildings and of public school buildings shall insure such buildings under the provisions set forth in this chapter.

S.C. Code Ann. § 10-7-80 Officials shall furnish information on school buildings

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The State Superintendent of Education and the county superintendents of education of the several counties of the State shall furnish to the State Fiscal Accountability Authority on request a complete list showing the location of each and every school building in their several cou…

S.C. Code Ann. § 10-7-90 Premium rate

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All insurance carried by the State Fiscal Accountability Authority as provided for in this chapter shall be carried at a premium rate to be determined by the authority not in excess of the rate which, in the opinion of the authority, would be charged by reliable old line insuranc…