South Carolina § 11-51-60 - Research infrastructure project used for unapproved purpose; reimbursement of debt service to State.
Full text of South Carolina South Carolina Code of Laws § 11-51-60 — Research infrastructure project used for unapproved purpose; reimbursement of debt service to State., with citation guidance and answers to common questions.
§ 11-51-60. Research infrastructure project used for unapproved purpose; reimbursement of debt service to State.
In the event a research infrastructure project is used for a purpose other than as approved by the Research Centers of Excellence Review Board pursuant to Section 11-51-80(2), the research university for which the research infrastructure project was originally established shall reimburse the State a percentage of debt service on the general obligation debt issued to finance the debt, the percentage to be equal to the percentage of the research infrastructure project which is used for an unapproved purpose. Amounts reimbursed to the State pursuant to this section must be applied, as directed by the state board, to the debt service on the applicable general obligation debt, either currently or by way of defeasance, or to the general fund of the State.
HISTORY: 2004 Act No. 187, SECTION 9.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 11-51-60
What does South Carolina Code of Laws § 11-51-60 cover?
Section 11-51-60 ("Research infrastructure project used for unapproved purpose; reimbursement of debt service to State.") 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 § 11-51-60?
A common citation format is "South Carolina Code of Laws § 11-51-60" (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 § 11-51-60 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.