South Carolina Code of Laws
Chapter 43 - South Carolina Jobs - Economic Development Fund Act
Section 41-43-30. South Carolina Jobs-Economic Development Authority created; status; governance by Board of Directors; composition of board.

There is created the South Carolina Jobs-Economic Development Authority, a public body corporate and politic and an agency of the State, with the responsibility of effecting the public purposes of this act. The authority is governed by a Board of Directors (board) which consists of ten members.
HISTORY: 1983 Act No. 145 Section 4; 1991 Act No. 248, Section 6, effective January 1, 1992; 2012 Act No. 279, Section 14, eff June 26, 2012.
Effect of Amendment
The 1991 amendment decreased the number of members on the Board from eleven to nine.
The 2012 amendment substituted "ten" for "nine".

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 41 - Labor and Employment

Chapter 43 - South Carolina Jobs - Economic Development Fund Act

Section 41-43-10. Citation of chapter.

Section 41-43-20. Definitions.

Section 41-43-30. South Carolina Jobs-Economic Development Authority created; status; governance by Board of Directors; composition of board.

Section 41-43-40. Appointment and qualifications of directors; ex officio members; terms.

Section 41-43-50. Organization of board; disposition of net earnings; state to retain residual interest; retention of unexpended funds for subsequent years.

Section 41-43-60. Meetings of the board; telephonic meetings; quorum; majority vote required for action.

Section 41-43-70. Functions and duties of the authority generally.

Section 41-43-80. Implementation of programs; delegation of authority; responsibility for programs.

Section 41-43-90. Corporate and other powers of the authority.

Section 41-43-100. Industrial development projects.

Section 41-43-110. Issuance of bonds; utilization of proceeds.

Section 41-43-120. Authority bonds to constitute lawful fiduciary investment.

Section 41-43-130. Bonds and income exempt from certain taxes; exemption of documents from transfer and stamp taxes.

Section 41-43-140. Insurance fund; use as security for holders of bonds.

Section 41-43-150. Antidiscrimination in administration of programs; persons and projects eligible for assistance.

Section 41-43-160. Loan programs; authorized purposes; authority's powers as to loans.

Section 41-43-170. Guaranty fund authorized; purposes.

Section 41-43-180. Determination of economically distressed areas; criteria.

Section 41-43-190. Expert programs; purposes; criteria for assistance.

Section 41-43-200. Collection and dissemination of information and data.

Section 41-43-210. Funds for administrative purposes.

Section 41-43-220. Administrative funds not to be obligated except for administrative expenses.

Section 41-43-230. Disposition of property; authority not required to advertise or take bids.

Section 41-43-240. Creation of other corporations.

Section 41-43-250. Protection of confidential information.

Section 41-43-260. Annual audit and report.

Section 41-43-270. Application of Administrative Procedures Act.

Section 41-43-280. Chapter not to affect other provisions as to authority; when authority considered "agency," "state agency", or other form of state institution.

Section 41-43-290. Severability provision.

Section 41-43-300. South Carolina Jobs-Economic Development Authority; implementation of State Small Business Credit Initiative; capital assistance programs and other credit support programs; contracts with Business Development Corporation; designati...