South Carolina Code 50-3-730. Source of assets for fund
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The assets of the fund are derived from:
(1) the proceeds of any gifts, grants, and contributions to the State which are designated specifically for inclusion;
Terms Used In South Carolina Code 50-3-730
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(2) the proceeds from the sale of all lifetime privileges;
(3) any amount in excess of the statutory fee for a particular lifetime license which qualifies as a tax-exempt donation to the State; and
(4) other sources specified by law.