South Carolina Code of Laws
Title 11 - Public Finance
Chapter 50 - South Carolina Rural Infrastructure Act

Section 11-50-10. Short title. - This chapter may be referred to as the "South Carolina...

Section 11-50-20. Legislative findings. - The General Assembly finds that: (1) Adequate infrastructure facilities are...

Section 11-50-30. South Carolina Rural Infrastructure Authority; creation; governance; purpose; fund. - (A) There is created a body corporate and politic and...

Section 11-50-40. Definitions. - As used in this chapter, unless the context clearly indicates...

Section 11-50-50. Board of directors; terms; vacancies; compensation. - (A) The board of directors is the governing board of...

Section 11-50-55. Director of the authority. - The authority, by a majority vote of the board of...

Section 11-50-60. Powers of authority. - In addition to the powers contained elsewhere in this chapter,...

Section 11-50-65. Administrative support for State Rural Infrastructure Authority. - The Department of Commerce shall provide such administrative support to...

Section 11-50-70. Rural Infrastructure Fund capitalization. - The following sources may be used to capitalize the Rural...

Section 11-50-80. Earnings on balances in Rural Infrastructure Fund. - Earnings on balances in the Rural Infrastructure Fund must be...

Section 11-50-90. Loans and other financial assistance. - (A) The authority may provide loans and other financial assistance...

Section 11-50-100. Financing agreements; authorizations; security. - (A) Eligible entities are authorized to obtain loans or other...

Section 11-50-110. Exempt from taxes and assessments. - The authority is performing an essential governmental function in the...

Section 11-50-120. Defaults by eligible entities. - (A) If an eligible entity fails to collect and remit...

Section 11-50-130. Liability of authority, officers, employees, or committees. - Neither the authority nor any officer, employee, or committee of...

Section 11-50-140. Additional notices, proceedings or publications not required; not subject to referendum. - Notice, proceeding, or publication, except those required in this chapter,...

Section 11-50-150. Deposit of money of authority; investment of funds. - All money of the authority and in the Rural Infrastructure...

Section 11-50-160. Annual reports; audit of books and accounts. - Following the close of each state fiscal year, the authority...

Section 11-50-170. Liberal construction; approval of ad valorem property taxes. - (A) This chapter, being for the welfare of this State...

Section 11-50-180. Severability provision. - If any provision of this chapter is held or determined...