South Carolina § 50-3-1030 - Assets of fund.
Full text of South Carolina South Carolina Code of Laws § 50-3-1030 — Assets of fund., with citation guidance and answers to common questions.
§ 50-3-1030. Assets of fund.
The assets of the fund may be derived from:
(1) appropriations of state general funds, federal funds, donations, gifts, bond-issue receipts, securities, and other monetary instruments of value;
(2) the proceeds of any gifts, grants, and contributions to the State which are designated specifically for inclusion;
(3) funds derived from the Yawkey Foundation, a charitable trust established under the will of Thomas A. Yawkey, deceased;
(4) funds received through sale, exchange, or otherwise, of products of the property including, but not limited to, timber;
(5) restricted interest income, contributions, and donations;
(6) other lawful sources; and
(7) the reimbursement for monies expended from this fund which must be redeposited into the fund.
HISTORY: 2014 Act No. 168 (S.1010), SECTION 1, eff May 16, 2014.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 50-3-1030
What does South Carolina Code of Laws § 50-3-1030 cover?
Section 50-3-1030 ("Assets of fund.") 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 § 50-3-1030?
A common citation format is "South Carolina Code of Laws § 50-3-1030" (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 § 50-3-1030 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.