There shall be an annual audit of each joint system and reports given to the governing body of each of the members. The costs shall be considered as part of the construction costs or part of expenses of administration.
HISTORY: 1983 Act No. 82, Section 2; 2007 Act No. 59, Section 1, eff June 6, 2007.
Effect of Amendment
The 2007 amendment reprinted this section with no apparent change.
Structure South Carolina Code of Laws
Chapter 25 - Joint Authority Water And Sewer Systems Act
Section 6-25-5. Legislative findings.
Section 6-25-25. Authority to purchase, construct, etc., facilities.
Section 6-25-30. Creation of joint systems.
Section 6-25-35. Extension of provisions applicable to water.
Section 6-25-40. Notice of ordinance or resolution creating system; objections; exception.
Section 6-25-70. Change in membership of joint system.
Section 6-25-80. Dissolution of system.
Section 6-25-100. Powers of joint system.
Section 6-25-110. Authorization to incur debt and issue bonds.
Section 6-25-112. Trust agreements or resolutions providing for issuance of bonds.
Section 6-25-113. Revenues from which bonds payable; statement of restriction.
Section 6-25-114. Issuance of refunding bonds.
Section 6-25-115. Financing pools and construction notes.
Section 6-25-120. Repayment of notes, obligations, or bonds.
Section 6-25-125. Charges for services; pledges.
Section 6-25-126. Temporary investment of funds pending disbursements.
Section 6-25-127. Enforcement of bondholder and construction note holder rights.
Section 6-25-128. Contracts between authority and joint system; duration.
Section 6-25-129. Governmental functions; state tax exemption.
Section 6-25-130. Employment or appointment of personnel; rights, privileges, and benefits.
Section 6-25-140. Annual system audit; reports.
Section 6-25-145. Investment by fiduciaries in bonds and construction notes.
Section 6-25-150. Contracts with federal and state government and agencies.
Section 6-25-155. Bonds, interest coupons and construction notes as investment securities.
Section 6-25-160. Tax status of evidences of indebtedness issued by joint system.