South Carolina Code 48-59-60. South Carolina Conservation Bank Trust Fund
South Carolina Code > Title 48 > Chapter 59 > § 48-59-60 - South Carolina Conservation Bank Trust Fund
Current as of: 2009
To receive and hold revenues of the bank, there is created in the State Treasury separate and distinct from all other funds the South Carolina Conservation Bank Trust Fund. Earnings on the trust fund are retained in the trust fund and unexpended trust fund revenues at the end of a fiscal year are carried forward in the trust fund. The trust fund may receive revenues from any source the General Assembly may provide by law and from governmental grants and private gifts and bequests. Trust fund revenues may be used only as provided in this chapter.
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South Carolina Laws: Conservation
U.S. Code Provisions: Conservation
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