South Carolina Code 59-67-550. Installment purchase of maintenance shops
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Terms Used In South Carolina Code 59-67-550
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
The State Board of Education is authorized to enter into an installment payment agreement with any political subdivision offering to convey real property to the Board for use as a school bus maintenance shop, whereby payments for such property may be extended over a period of not more than ten years.