27 chapters · 465 sections in this title.
S.C. Code Ann. § 41-43-50 Organization of board; disposition of net earnings; state to retain residual interest; retention of unexpended funds for subsequent years
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As soon as practicable after appointment, the board shall organize by choosing a vice-chairman, secretary, and such other officers as considered necessary. The net earnings of the authority, beyond that necessary for retirement of its bonds or other obligations or to implement th…
S.C. Code Ann. § 41-43-60 Meetings of the board; telephonic meetings; quorum; majority vote required for action
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Meetings of the board shall be held at times and in places as the board determines. The board must meet at least one time in each calendar quarter. Meetings of the board may be held by means of conference telephone or any means of communication by which all persons participating …
S.C. Code Ann. § 41-43-70 Functions and duties of the authority generally
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The authority shall promote and develop the business and economic welfare of this State, encourage and assist through loans, investments, research, technical and managerial advice, studies, data compilation and dissemination, and similar means, in the location of new business ent…
S.C. Code Ann. § 41-43-80 Implementation of programs; delegation of authority; responsibility for programs
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The authority must implement the programs of this act as soon as practicable. The authority must exercise care in the performance of its duties and the selection of specific programs and business enterprises to receive its assistance. The authority may delegate its authority to i…