South Carolina § 11-49-100 - Accounts to be maintained separately; annual report.
Full text of South Carolina South Carolina Code of Laws § 11-49-100 — Accounts to be maintained separately; annual report., with citation guidance and answers to common questions.
§ 11-49-100. Accounts to be maintained separately; annual report.
All accounts of the authority must be held and maintained separately from all other funds, properties, assets, and accounts of this State and its other agencies. The board shall keep an accurate account of all of its activities and all of its receipts and expenditures and annually, in the month of January, shall make a report of its activities to the State Budget and Control Board, the report to be in a form prescribed by the State Budget and Control Board. Audited financial statements must be submitted to the Comptroller General by October fifteenth following the end of the fiscal year.
HISTORY: 2000 Act No. 387, Part II, SECTION 69A.2; 2005 Act No. 164, SECTION 13.
Code Commissioner's Note
At the direction of the Code Commissioner, reference in this section to the former Budget and Control Board has not been changed pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, SECTION 5(D)(1), until further action by the General Assembly.
SECTION 11-49-110. [Reserved]
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 11-49-100
What does South Carolina Code of Laws § 11-49-100 cover?
Section 11-49-100 ("Accounts to be maintained separately; annual report.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 11-49-100?
A common citation format is "South Carolina Code of Laws § 11-49-100" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 11-49-100 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.