Tobacco Settlement Revenue Management Authority Act

  1. Law
  2. South Carolina Code of Laws
  3. Public Finance
  4. Tobacco Settlement Revenue Management Authority Act

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Section
11-49-10

Short title.

Section
11-49-20

Definitions.

Section
11-49-30

Tobacco Settlement Revenue Management Authority created; purpose; termination.

Section
11-49-40

Board; members; compensation; ethics; administrative assistance; personnel.

Section
11-49-50

Tobacco receipts; assignment to authority.

Section
11-49-55

State-grown crops; marketing, branding, and natural disaster relief assistance.

Section
11-49-60

Powers of board to operate and administer authority.

Section
11-49-70

Bonds.

Section
11-49-80

Board and authority assets limited to tobacco receipts.

Section
11-49-90

Power to incur debt.

Section
11-49-100

Accounts to be maintained separately; annual report.

Section
11-49-110

[Reserved]

Section
11-49-120

Taxation of bonds, interest from bonds, and property of authority; fiduciaries authorized to invest in bonds.

Section
11-49-130

Excess tobacco receipts.

Section
11-49-140

Exemption from provisions of Chapter 23, Title 1.

Section
11-49-150

Consent to and approval of master settlement agreement; modification.

Section
11-49-160

Right of authority to fulfill agreements with bond holders protected.

Section
11-49-170

Chapter to be liberally construed.