S.C. Code § 11-35-4870

Current through 2024 Act No. 225.

Section 11-35-4870 - Use of payments received by a supplying public procurement unit

All payments from any public procurement unit or external procurement activity received by the Division of Procurement Services in connection with sponsoring or administering a cooperative purchase, must be deposited in the State Treasury in a special account and expended only for the costs of providing the goods and services, and such funds may be retained and expended for the same purposes.

S.C. Code § 11-35-4870

Amended by 2019 S.C. Acts, Act No. 41 (SB 530),s 70, eff. 5/13/2019.

1997 Act No. 153, Section 1; 1981 Act No. 148, Section 1.

2019 Act No. 41, Section 80, provides as follows:

"SECTION 80. This act takes effect upon approval by the Governor and applies to solicitations issued after that date."