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Terms Used In South Carolina Code 57-3-750

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
A full account of each road project shall be kept by the department so that it may ascertain at any time the expenditures or liabilities against all projects. The department shall also keep records of contracts and force account work. The account records, together with all supporting documents, shall be open at all times to the inspection of the Governor, other state officials, and the public.