South Carolina Code 59-130-420. Definitions
(1) "Board" means the board of trustees of the College of Charleston.
Terms Used In South Carolina Code 59-130-420
- Board: means the board of trustees of the College of Charleston. See South Carolina Code 59-130-420
- Equipment: means items with a useful life of at least fifteen years. See South Carolina Code 59-130-420
- Fees and revenues: means the special student fees and revenues derived or to be derived from the operation, sale, lease, or other disposition of the facilities. See South Carolina Code 59-130-420
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
(2) "Equipment" means items with a useful life of at least fifteen years.
(3) "Academic and administrative buildings" means the real and personal property and equipment to be utilized by the School of the Arts, the School of Education, the School of Science and Mathematics, the Physical Education/Arena Complex, and the Student Center, whether or not the acquisition or construction of these facilities are financed from the proceeds of bonds issued pursuant to the provisions of this article.
(4) "Fees and revenues" means the special student fees and revenues derived or to be derived from the operation, sale, lease, or other disposition of the facilities.
(5) "University" means the College of Charleston.