South Carolina Code 31-13-445. No more than 20 percent of fund monies allocable to any one county in fiscal year
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Terms Used In South Carolina Code 31-13-445
- County: means any county in the State. See South Carolina Code 31-13-170
- 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.
- fund: means the South Carolina Housing Trust Fund. See South Carolina Code 31-13-410
No more than twenty percent of trust fund monies expended in a fiscal year may be for projects in any one county.