No person who has been a member of the park and recreation board within six months from the time of making of the sale or purchase shall be directly or indirectly pecuniarily interested in the sale to or purchase from such municipality by or through the agency or instance of such board of any land or interest in land, and any sale to or by such municipality made in violation of this provision, shall, at the instance of such municipality, be held to be against public policy and void and may be rescinded by such municipality. If any member of the board is a stockholder in a corporation owning land or interest in land desired by such municipality for park and recreation purposes, or is the owner of an individual interest in the land desired for such purposes, or if any member of the board is a stockholder in a corporation desiring to purchase land proposed to be sold by such municipality at the instance of the board, such member may in open meeting of the board disclose his interest, which shall appear on the minutes of the meeting, and retire from the meeting of the board, and the other members of the board, if a quorum remains, may consider the matter and decide it as they deem best; and any such sale shall be legal and valid. If any member of the board is the owner of the land which it is desired to acquire for such municipality for any such purpose, the land, if acquired, shall be acquired by the exercise of the right of eminent domain, and the petition or proceeding for condemnation shall set forth the facts in regard to the ownership by a member of the board.
HISTORY: 1962 Code Section 51-165.15; 1954 (48) 1809.
Structure South Carolina Code of Laws
Title 51 - Parks, Recreation and Tourism
Chapter 15 - Municipal Parks, Recreational Facilities And The Like
Section 51-15-10. Golf courses.
Section 51-15-20. Municipal regulations as to public parks inside or outside corporate limits.
Section 51-15-30. Violators subject to arrest.
Section 51-15-110. Definitions.
Section 51-15-120. Application of article.
Section 51-15-130. Operation of recreational facilities shall be public and governmental functions.
Section 51-15-150. Additional authority to acquire real property.
Section 51-15-160. Park and recreation board.
Section 51-15-170. Members of board; qualifications; compensation; terms.
Section 51-15-180. Officers of board; meetings; rules and regulations.
Section 51-15-190. Vacancy in membership of board.
Section 51-15-200. Removal from office of board member.
Section 51-15-210. General duties and powers of board.
Section 51-15-220. Additional powers may be conferred on board.
Section 51-15-230. Gifts and loans.
Section 51-15-240. Contracts in which board members pecuniarily interested.
Section 51-15-250. Sales in which board members pecuniarily interested.
Section 51-15-260. Real estate transactions in certain board members pecuniarily interested.
Section 51-15-270. Tax levies; election.
Section 51-15-280. Appropriations.
Section 51-15-290. Entrance and other fees.
Section 51-15-300. Park and recreation fund.
Section 51-15-310. Moneys going into fund.
Section 51-15-330. Election on bond issue to acquire property and facilities.
Section 51-15-340. Intergovernmental cooperation.
Section 51-15-350. Annual report of board; recommendations; budget.
Section 51-15-360. Agencies exempt from article.
Section 51-15-510. Acquisition of property for parks, playgrounds and athletic facilities.
Section 51-15-530. Municipal stockholder not liable for debts or acts of corporation.