The State Treasurer shall transfer to the Department of Parks, Recreation, and Tourism that portion of the former Tricentennial Fund consisting of nine hundred eighty-two thousand, seven dollars and fifty cents recovered in litigation as a result of defects in certain buildings owned by the former Tricentennial Commission. Five hundred thousand dollars of such moneys shall be deposited in the trust fund and the balance shall be used by the department for capital improvements as it sees fit. HISTORY: 1962 Code Section 51-79.13; 1974 (58) 2070; 1993 Act No. 181, Section 1278, eff July 1, 1993.
South Carolina Legal Code