There is created the South Carolina Water Quality Revolving Fund Authority. The authority is a public instrumentality of this State and the exercise by it of a power conferred in this chapter is the performance of an essential public function. The members of the State Fiscal Accountability Authority comprise the authority.
HISTORY: 1992 Act No. 513, Section 3; 2014 Act No. 121 (S.22), Pt VII, Section 20.P, eff July 1, 2015.
Effect of Amendment
2014 Act No. 121, Section 20.P, substituted "Fiscal Accountability Authority" for "Budget and Control Board".
Structure South Carolina Code of Laws
Title 48 - Environmental Protection and Conservation
Chapter 5 - South Carolina Water Quality Revolving Fund Authority Act
Section 48-5-40. Powers of authority.
Section 48-5-50. Continuation of existing fund; deposits to fund; use of funds.
Section 48-5-55. Drinking Water Revolving Loan Fund; deposits; use of funds.
Section 48-5-60. Authority of Department of Health and Environmental Control.
Section 48-5-110. Requirements for bonds; security for bonds.
Section 48-5-130. Subsequent amendments not to affect prior agreements or vested rights.
Section 48-5-150. Bonds as legal investments; bonds as securities.