(A) The State Treasurer shall establish the Administrative Subfund within the South Carolina Opioid Recovery Fund.
(B) Funds allocated to the Administrative Subfund by the South Carolina Opioid Recovery Fund Board may be expended by the board and the State Fiscal Accountability Authority to pay for the costs associated with administering this chapter, in accordance with a budget adopted or amended pursuant to Section 11-58-80(E).
(C) The board may authorize the State Treasurer to transfer funds from the Administrative Subfund to the South Carolina Opioid Recovery Fund at any time.
HISTORY: 2022 Act No. 222 (H.5182), Section 1, eff May 23, 2022.
Structure South Carolina Code of Laws
Chapter 58 - South Carolina Opioid Recovery Act
Section 11-58-10. Short title; purpose.
Section 11-58-20. Definitions.
Section 11-58-30. South Carolina Opioid Recovery Fund; establishment; use of funds.
Section 11-58-40. Discretionary Subfund.
Section 11-58-50. Guaranteed Political Subdivision Subfund.
Section 11-58-60. Administrative Subfund.
Section 11-58-80. Administrative operations of board; annual budget.
Section 11-58-90. Effect of settlements or judgments on subsequent claims.