South Carolina Code 2-1-170. General Assembly shall not give away State-owned property
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 2-1-170
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
The General Assembly shall not by act or resolution give away any State-owned property but may provide that State-owned property may be sold at fair market value.