South Carolina Code 11-49-80. Board and authority assets limited to tobacco receipts
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 11-49-80
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Authority: means the Tobacco Settlement Revenue Management Authority, as established by this chapter. See South Carolina Code 11-49-20
- Board: means the governing body of the authority. See South Carolina Code 11-49-20
The authority and the board shall have no other assets or property except the State’s tobacco receipts as received, and the right to receive the State’s tobacco receipts.