§ 63-11-910 Fund established
§ 63-11-920 Board of directors; terms; filling vacancies; compensation; reports
§ 63-11-930 Powers and duties
§ 63-11-940 Director
§ 63-11-950 Disbursement of funds
§ 63-11-960 Deposit and distribution of contributions pursuant to Section 12-6-5060
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Terms Used In South Carolina Code > Title 63 > Chapter 11 > Article 9 - South Carolina Children's Trust Fund

  • Child: means a person under the age of eighteen. See South Carolina Code 63-1-40
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • 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.
  • Quorum: The number of legislators that must be present to do business.