South Carolina General Assembly
105th Session, 1983-1984

Bill 3400


                    Current Status

Bill Number:               3400
Ratification Number:       337
Act Number:                308
Introducing Body:          House
Subject:                   Relating to the South Carolina Research
                           Authority
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(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.