§ 44-28-10 Establishment of fund; purpose
§ 44-28-20 Definition of “self-sufficiency trust.”
§ 44-28-30 State Treasurer custodian of trust fund; agreement to specify supplemental care or treatment for each beneficiary
§ 44-28-40 Departments and Agency required to provide care or treatment using monies in fund account; vouchers
§ 44-28-50 Receipt of monies from fund not to reduce, impair, or diminish other benefits
§ 44-28-60 Money not usable for supplemental care and treatment to be returned to depositing trust; interest
§ 44-28-70 Crediting and allocation of interest
§ 44-28-80 Departments and Agency to promulgate regulations for implementation and administration of fund

Terms Used In South Carolina Code > Title 44 > Chapter 28 > Article 1 - Self-Sufficiency Trust Fund

  • Approved forest management plan: shall mean a forest management plan approved by the State Forester for an eligible landowner. See South Carolina Code 48-28-30
  • Approved practices: shall mean those silvicultural practices approved by the State Forester for the purpose of commercially growing timber through the establishment of forest stands or of ensuring the proper regeneration of forest stands to commercial production levels following the harvest of timber. See South Carolina Code 48-28-30
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Commission: shall mean the State Commission of Forestry. See South Carolina Code 48-28-30
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Eligible landowner: shall mean a private individual, group, partnership, association, corporation or other legal entity which owns nonindustrial private forest lands capable of producing industrial wood crops. See South Carolina Code 48-28-30
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Forest renewal assessment: shall mean an assessment on primary forest products from timber severed in South Carolina for the funding of the provisions of this chapter. See South Carolina Code 48-28-30
  • Forest renewal fund: shall mean the special nonlapsing fund provided by § 48-28-100 established in the Commission designated as the forest renewal fund. See South Carolina Code 48-28-30
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Slippage: shall mean the difference in funds earmarked in the management plan for an approved practice and funds actually earned when the practice is completed. See South Carolina Code 48-28-30
  • State Forester: shall mean the director of the State Commission of Forestry. See South Carolina Code 48-28-30
  • Trustee: A person or institution holding and administering property in trust.