South Carolina Code 41-43-80. Implementation of programs; delegation of authority; responsibility for programs
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 41-43-80
- Act: means the South Carolina Jobs - Economic Development Fund Act. See South Carolina Code 41-43-20
- Authority: means the South Carolina Jobs - Economic Development Authority, which is a state-owned enterprise. See South Carolina Code 41-43-20
- Oversight: Committee review of the activities of a Federal agency or program.
The authority must implement the programs of this act as soon as practicable. The authority must exercise care in the performance of its duties and the selection of specific programs and business enterprises to receive its assistance. The authority may delegate its authority to implement the programs authorized to any governmental agency or financial institution. The authority must retain ultimate responsibility and provide proper oversight for the implementation.