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Terms Used In South Carolina Code 1-30-130

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
There is hereby created, within the executive branch of the state government, the Department of Veterans’ Affairs, headed by a secretary appointed by the Governor pursuant to § 25-11-20. The employees, funds, authorized appropriations, property, assets, liabilities, and all contractual rights and obligations associated with the Division of Veterans’ Affairs of the Department of Administration established by § 25-11-10, et seq. prior to July 1, 2019, are hereby transferred to and incorporated in and shall be administered as part of the Department of Veterans’ Affairs.