Current Status Bill Number:View additional legislative information at the LPITS web site.3400 Ratification Number:337 Act Number:308 Introducing Body:House Subject:Relating to the South Carolina Research Authority
(A308, R337, H3400)
AN ACT TO AMEND SECTION 13-17-70, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA RESEARCH AUTHORITY, SO AS TO DELETE THE RESTRICTION ON THE USE OF REAL PROPERTY TRANSFERRED TO THE AUTHORITY BY THE STATE AND THE REVERSION OF THIS PROPERTY TO THE STATE WHEN APPLIED TO OTHER PURPOSES.
Be it enacted by the General Assembly of the State of South Carolina:
Powers of authority
SECTION 1. Item (5) of Section 13-17-70 of the 1976 Code, added by Act 50 of 1983, is amended to read:
"(5) To acquire, purchase, hold, use, improve, lease, mortgage, sell, transfer, and dispose of any property, real, personal, or mixed, or any interest therein."
Time effective
SECTION 2. This act shall take effect upon approval by the Governor.