South Carolina Code of Laws
Chapter 21 - Edisto Development Authority
Section 13-21-240. Chapter not to affect generation, transmission, distribution, or provision of electricity at wholesale, retail, or otherwise.

Nothing in this chapter may be construed to provide for the regulation of the generation, transmission, distribution, or provision of electricity at wholesale, retail, or in any other capacity. The provisions of this chapter shall not modify or abridge the rights, duties, and privileges of electric suppliers, electrical utilities, municipal electric utilities, or governmental entities (supplying electricity) under any state statute including, but not limited to, Title 58, Chapter 27 and Section 5-7-60.
Nothing in this chapter may be construed to allow the exercise of the right of eminent domain for the condemnation of property used for the generation, transmission, and/or distribution of electricity at wholesale or retail.
Nothing in this chapter may be construed to authorize a joint or cooperative agreement with the federal or state government or any political subdivision of the state affecting or relating to the regulation of the generation, transmission and/or distribution of electricity at wholesale or retail.
HISTORY: 1992 Act No. 515, Section 6, eff July 1, 1992.
Editor's Note
1992 Act No. 515, Section 6, was codified as two code sections, Section 13-19-230 and Section 13-21-240.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 13 - Planning, Research and Development

Chapter 21 - Edisto Development Authority

Section 13-21-10. Edisto Development Authority created; governing board; appointment and terms of board members; filling of vacancies.

Section 13-21-20. Board officers; committees; meetings; quorum.

Section 13-21-30. Rights and powers of board.

Section 13-21-40. Area in which authority may exercise powers and duties.

Section 13-21-50. Authority to issue bonds; financing agreements with respect to construction, operation, maintenance, and improvement of projects.

Section 13-21-60. Resolution by board authorizing issuance of revenue bonds.

Section 13-21-70. Terms and particulars pertaining to bonds.

Section 13-21-80. Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.

Section 13-21-90. Bond issue approval; proposal; disposition of proposal.

Section 13-21-100. Signature and attestation of bonds.

Section 13-21-110. Sale of bonds upon terms and conditions set by State Fiscal Accountability Authority.

Section 13-21-120. Description of financial obligations to be filed with State Treasurer.

Section 13-21-130. Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.

Section 13-21-140. Limited obligation of bonds; state not to incur liability; security; trustee under security agreement or indenture.

Section 13-21-150. Investment of funds by state treasurer; net earnings.

Section 13-21-160. Carryover of unexpended funds from year to year.

Section 13-21-170. Determinations required to be made by authority prior to undertaking projects; terms which must be included in financing agreement.

Section 13-21-180. Disposition of proceeds of sale of bonds; costs associated with project.

Section 13-21-190. Regulations promulgated by authority to be in accord with Title 1, Chapter 23.

Section 13-21-200. Establishment of profit or not-for-profit corporations to carry out purposes of chapter; grants and loans; loan guarantees and limitations of liability.

Section 13-21-210. Tax exemption of Authority property; payment in lieu of taxes.

Section 13-21-220. Purposes for which authority is or is not "agency," "state agency," or state institution.

Section 13-21-230. Severability.

Section 13-21-240. Chapter not to affect generation, transmission, distribution, or provision of electricity at wholesale, retail, or otherwise.