The authority has the following powers to:
(1) have perpetual succession;
(2) sue and be sued;
(3) adopt, use, and alter a corporate seal;
(4) define a quorum for its meetings;
(5) maintain a principal office, which shall be located in Bennettsville;
(6) make bylaws for the management and regulation of its affairs;
(7) acquire, hold, and manage real estate;
(8) make contracts of all sorts and to execute all instruments necessary or convenient for the carrying on of the business of the authority; and
(9) do all other acts and things necessary or convenient to carry out any function or power committed or granted to the authority.
HISTORY: 2012 Act No. 229, Section 1, eff July 1, 2012.
Structure South Carolina Code of Laws
Title 49 - Waters, Water Resources and Drainage
Chapter 33 - Lake Paul A. Wallace Authority
Section 49-33-10. Definitions.
Section 49-33-20. Creation of Lake Paul A. Wallace Authority; functions.
Section 49-33-30. Membership of authority.
Section 49-33-40. Per diem and mileage.
Section 49-33-50. Convening the authority.
Section 49-33-60. Filing of certificates.
Section 49-33-70. Powers of authority.
Section 49-33-80. Authority empowered to receive and spend funds.