The Secretary of Commerce may charge and collect from a limited dividend housing corporation, incorporated under this chapter, reasonable fees in accordance with the rates to be established by the rules of the Department of Commerce:
(1) for the examination of plans and specifications and the supervision of construction, an amount not to exceed one half of one percent of the cost of the project;
(2) for the holding of a public hearing upon application of a housing corporation, an amount sufficient to meet the reasonable cost of advertising the notice thereof and of the transcript of testimony taken thereat; and
(3) for any examination or investigation made upon application of a housing corporation and for any act done by the Department of Commerce, or any of its employees, in performance of their duties under this chapter, an amount reasonably calculated to meet the expenses of the department incurred in connection therewith. In no event shall any part of the expenses of the department incurred under the provisions of this chapter ever be paid out of the State Treasurer. The Secretary of Commerce may authorize a housing corporation to include such fees as part of the cost of a project or as part of the charges specified in Section 31-1-620 pursuant to rules to be established by the Department of Commerce.
HISTORY: 1962 Code Section 36-22; 1952 Code Section 36-22; 1942 Code Section 5271-29; 1933 (38) 176; 1993 Act No. 181, Section 499; 1994 Act No. 361, Section 9.
Structure South Carolina Code of Laws
Title 31 - Housing and Redevelopment
Section 31-1-20. Declaration of legislative finding.
Section 31-1-30. General duties of Secretary of Commerce with respect to housing.
Section 31-1-40. Electrical power permits.
Section 31-1-50. Penalties for violating Section 31-1-40.
Section 31-1-110. Incorporation of limited dividend housing corporations.
Section 31-1-120. Purposes of limited dividend housing corporations.
Section 31-1-130. Par value shares.
Section 31-1-140. Declaration required in articles.
Section 31-1-150. Income debentures.
Section 31-1-160. Consideration for issuance of stocks, bonds, and income debentures.
Section 31-1-170. Limited return on stock.
Section 31-1-180. Limitations on actions by companies.
Section 31-1-190. Conveyances, leases, or subleases in violation of Section 31-1-180 shall be void.
Section 31-1-200. Regulation of limited dividend housing companies.
Section 31-1-210. Investigation of limited dividend housing companies.
Section 31-1-230. Provisions of general corporation law applicable.
Section 31-1-410. Approval of projects.
Section 31-1-420. Action by city council on plans, adoptions, or rejections by director.
Section 31-1-430. Charges included in term "cost".
Section 31-1-440. Receipt and disbursement of funds by trustee.
Section 31-1-450. Acquisition of required land.
Section 31-1-460. Prerequisites to condemnation.
Section 31-1-470. Sale or purchase of lands to or from municipality.
Section 31-1-480. Purchases by one limited dividend housing corporation of property of another.
Section 31-1-490. Consolidated and extended projects; operation of more than one project.
Section 31-1-610. Control of rentals.
Section 31-1-620. Payments covered by rentals.
Section 31-1-630. Reduction of rentals.
Section 31-1-640. Surplus; maximum payments on dissolution.
Section 31-1-660. Procedure in actions against limited dividend housing corporations.
Section 31-1-670. Mortgages and mortgage bonds.
Section 31-1-680. Foreclosure.
Section 31-1-690. Foreclosures free of restrictions of Section 31-1-680.
Section 31-1-700. Enforcement of judgments not relating to mortgage indebtedness.
Section 31-1-710. Reorganization of limited dividend housing corporations.
Section 31-1-810. Standards of Federal Department of Housing and Urban Development adopted.