Section 40-61-50. Remission of revenues; assessment of fees; annual report.

SC Code § 40-61-50 (2019) (N/A)

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All revenues and income from certificates, examination fees, other fees, sale of commodities, and services and income derived from any board source or activity must be remitted to the State Treasurer as collected, when practicable, and credited to the general fund of the State. All assessments fees, or certificates must be levied in an amount sufficient to at least equal the amount appropriated in the annual general appropriation act for the board plus any additional funds allocated by the Department of Administration for implementation of the state's personnel compensation plan.

The annual report required by Act 165 of 1979 must be made by the board in accordance with the provisions of that act.

HISTORY: 1962 Code Section 56-1546.5; 1962 (52) 1918; 1984 Act No. 512, Part II, Section 58A.

Code Commissioner's Note

At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.

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Section 40-61-60. Requirements for certificate of registration.