South Carolina Code 59-53-830. Powers and duties of commission
(1) To adopt and use a corporate seal.
Terms Used In South Carolina Code 59-53-830
- Devise: To gift property by will.
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Personal property: All property that is not real property.
(2) To adopt such bylaws, rules and regulations for the conduct of business and the expenditure of appropriated funds as it may deem advisable.
(3) To acquire by gift, purchase, devise, lease, or otherwise, any real and personal property, and to hold, use, lease, or mortgage this property, or an interest therein; provided, that before any mortgage is executed, approval by the governing bodies of Horry and Georgetown Counties must first be obtained.
(4) To accept gifts, grants, donations, devises and bequests.
(5) To provide appropriate supervision of the maintenance of any facility established to promote vocational or technical education.
(6) To provide the necessary administrative services required by the State program.
(7) To employ such personnel as may be necessary to enable the Commission to fulfill its functions.
(8) To establish, promulgate, and enforce reasonable rules and regulations, in conjunction with those promulgated by the State agency for the operation of its facilities.
(9) To operate its affairs on a fiscal year coinciding with that of the two counties involved.
(10) To expend any funds received in any manner, including the proceeds derived from any bonds which may be issued by Horry County or Georgetown County to defray any costs incident to the establishment of adequate facilities for the program, and thereafter to expend such funds as may be appropriated for the operation, maintenance, and improvement of the facilities.
(11) To apply for, receive, and expend moneys from all governmental agencies, both State and Federal.
(12) To exercise all powers contemplated for local agencies by the former provisions which created the Advisory Committee for Technical Training, and all other laws modifying, amending or implementing it; provided, the Commission shall not cause any encumbrance to be put on any property under its control.