Section 6-13-1020. Disposition of revenue.

SC Code § 6-13-1020 (2019) (N/A)
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All revenues derived by the Authority from the operation of its facilities, which may not be required to discharge covenants made by it in issuing bonds, notes or other obligations authorized by this act, shall be disposed of by the Authority from time to time for purposes germane to the functions of the Authority, or in such other manner as the General Assembly may, by proper enactment, direct.

HISTORY: 1967 Act No. 571, Section 12, eff July 12, 1967.

Code Commissioner's Note

This section was codified at the direction of the Code Commissioner in 2012.