South Carolina § 59-111-730 - "Environmental Scholars Endowment" at qualifying institutions; private match funds.
Full text of South Carolina South Carolina Code of Laws § 59-111-730 — "Environmental Scholars Endowment" at qualifying institutions; private match funds., with citation guidance and answers to common questions.
§ 59-111-730. "Environmental Scholars Endowment" at qualifying institutions; private match funds.
(A) After the fund has reached four hundred thousand dollars, each qualifying institution may request the transfer of one hundred thousand dollars for the sole purpose of being held and administered by the institution as the corpus of a perpetual endowment fund known as the "Environmental Scholars Endowment". Only an annual amount no greater than the annual interest income earned from the corpus of the endowment is to be expended for the award of scholarships or fellowships to students pursuing graduate level degrees in environmental studies or environmental sciences. The corpus of the fund must not be invaded by the institution.
(B) A qualifying institution that establishes an Environmental Scholars Endowment must agree to raise one hundred thousand dollars in private match funds before July 1, 1999. If an institution fails to raise the one hundred thousand dollars in private match funds before July 1, 1999, the corpus of the endowment reverts to the fund.
HISTORY: 1994 Act No. 497, Part II, SECTION 104.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 59-111-730
What does South Carolina Code of Laws § 59-111-730 cover?
Section 59-111-730 (""Environmental Scholars Endowment" at qualifying institutions; private match funds.") 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 § 59-111-730?
A common citation format is "South Carolina Code of Laws § 59-111-730" (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 § 59-111-730 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.