106 chapters · 2,049 sections in this title.
S.C. Code Ann. § 59-109-30 Definitions
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As used in this chapter, unless the context otherwise requires: (1) "Authority" means the State Fiscal Accountability Authority, acting as the Educational Facilities Authority for Private Nonprofit Institutions of Higher Learning and serving ex officio. (2) "Project" means any la…
S.C. Code Ann. § 59-109-40 Educational Facilities Authority for Private Nonprofit Institutions of Higher Learning
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There is hereby created a body politic and corporate to be known as the "Educational Facilities Authority for Private Nonprofit Institutions of Higher Learning," hereinafter in this chapter called the authority. The authority is constituted a public instrumentality and the exerci…
S.C. Code Ann. § 59-109-50 Purpose of authority; powers enumerated
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The purpose of the authority is to assist institutions for higher learning in the acquisition, construction, financing, and refinancing of projects, and for this purpose the authority is authorized and empowered to: (1) adopt rules and regulations for the conduct of its affairs a…
S.C. Code Ann. § 59-109-60 Expenses
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All expenses incurred in carrying out the provisions of this chapter shall be payable solely from funds provided under the authority of this chapter and no liability shall be incurred by the Authority hereunder beyond the extent to which moneys shall have been provided under the …