All revenues derived by the authority from the operation of its facilities, which may not be required to discharge covenants made by it in issuing bonds, notes, or other obligations authorized by this chapter, shall be disposed of by the authority from time to time for purposes germane to the functions of the authority.
HISTORY: 2009 Act No. 55, Section 1, eff June 2, 2009.
Structure South Carolina Code of Laws
Chapter 37 - Beaufort-jasper Water And Sewer Authority
Section 6-37-10. Citation of chapter.
Section 6-37-30. Function and powers.
Section 6-37-40. Members; appointment; terms; compensation.
Section 6-37-50. Powers relating to acquiring and operating facilities.
Section 6-37-60. Rates for services furnished.
Section 6-37-70. Exemption of property from ad valorem taxes.
Section 6-37-80. Fiscal year; annual report.
Section 6-37-90. Wilful injury or destruction of authority property; penalties.
Section 6-37-100. Disposition of revenues.
Section 6-37-110. Service contracts with municipalities.
Section 6-37-120. Effect of amendment or repeal on contractual obligation.