South Carolina Code 55-11-160. Disposition of unpledged revenues
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Terms Used In South Carolina Code 55-11-160
- Germane: On the subject of the pending bill or other business; a strict standard of relevance.
All revenues derived by the commission from the operation of any revenue-producing facility which may not be required to discharge covenants made by it in issuing bonds, notes or other obligations authorized by § 55-11-150, shall be held, disposed of or expended by the commission for purposes germane to the functions of the district.