An act or undertaking of the program is not a debt of the State or any agency, department, institution, or political subdivision of the State, or a pledge of the full faith and credit of the State or any agency, department, institution, or political subdivision, but is payable solely from the monies in the fund.
HISTORY: 1997 Act No. 155, Part II, Section 4A.
Structure South Carolina Code of Laws
Chapter 4 - South Carolina Tuition Prepayment Program
Section 59-4-10. Short title; purpose.
Section 59-4-50. Undertakings payable solely from fund monies.
Section 59-4-60. Cooperation and assistance from state entities.
Section 59-4-65. Discontinuing fund; contributor refunds and deficiencies.
Section 59-4-70. Annual financial report.
Section 59-4-80. Application of Internal Revenue Service rulings.
Section 59-4-90. Payroll deductions.
Section 59-4-110. New participants prohibited.
Section 59-4-120. Tuition increase above seven percent prohibited for participating institutions.