South Carolina Code 50-3-1030. Assets of fund
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The assets of the fund may be derived from:
(1) appropriations of state general funds, federal funds, donations, gifts, bond-issue receipts, securities, and other monetary instruments of value;
Terms Used In South Carolina Code 50-3-1030
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(2) the proceeds of any gifts, grants, and contributions to the State which are designated specifically for inclusion;
(3) funds derived from the Yawkey Foundation, a charitable trust established under the will of Thomas A. Yawkey, deceased;
(4) funds received through sale, exchange, or otherwise, of products of the property including, but not limited to, timber;
(5) restricted interest income, contributions, and donations;
(6) other lawful sources; and
(7) the reimbursement for monies expended from this fund which must be redeposited into the fund.