§ 59-53-410 Creation of commission; membership; officers; meetings; reports
§ 59-53-420 Powers of commission
§ 59-53-430 Accounts of commission; audits
§ 59-53-440 Budgets
§ 59-53-450 “Main campus” and “enterprise campus” defined; management by Trident Technical College Enterprise Campus Authority
§ 59-53-460 Citation of subarticle
§ 59-53-465 Definitions
§ 59-53-470 Trident Technical College Enterprise Authority created; governance
§ 59-53-475 Board powers
§ 59-53-480 Exemptions from statutory bonding, leasing, procurement, and disposition of surplus property requirements; adoption of procurement policy
§ 59-53-485 Issuance of bonds
§ 59-53-490 Reports on development and use of enterprise campus
§ 59-53-500 Tax exemption; interest on bonds

Terms Used In South Carolina Code > Title 59 > Chapter 53 > Article 5 - Trident Technical College Area Commission

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Ex officio: Literally, by virtue of one's office.
  • 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.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.