yourstate.us
Home / South Carolina / State Commission on Higher Education
S.C. Code § 59-103-65

Closure of an institution; reallocation of funds

South Carolina · South Carolina Code Title 59, Chapter 103 — State Commission on Higher Education · Status: effective

Get this as JSONEmbed this
Cite this
Citation
S.C. Code § 59-103-65, Closure of an institution; reallocation of funds, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1594492
Permanent ID
ys:prov:1594492@1
SHA-256
ddd9af682dab747f822c5e0a0cdfad81efc35148e2544b3751d1702af0b1b6a9

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

If an institution beginning July 1, 1999, is closed by the commission, the institution shall be treated as a terminated agency under Section 1-20-30 and as such terminated in the manner provided therein. However, any remaining funds shall not revert to the general fund as provided in Section 1-20-30 but instead shall be reallocated to higher education funding through use of the higher education funding formula in the manner the commission shall provide.