Restriction as to who may benefit from joint system income, profit or assets; exception.

  1. Law
  2. South Carolina Code of Laws
  3. Local Government - Provisions Applicable to Special Purpose Districts and Other Political Subdivisions
  4. Joint Authority Water And Sewer Systems Act
  5. Restriction as to who may benefit from joint system income, profit or assets; exception.

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The income, profit, or assets of a joint system may not inure to the benefit of an individual or private entity, except for a joint authority water and sewer system created under this chapter.

HISTORY: 1999 Act No. 113, Section 3; 2007 Act No. 59, Section 1, eff June 6, 2007.

Effect of Amendment

The 2007 amendment added ", except for a joint authority water and sewer system created under this chapter", and made nonsubstantive changes.


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