Dissolution of charter school.

S.C. Code Ann. § 59-40-120
in effect
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Upon dissolution of a charter school, its assets may not inure to the benefit of any private person. Any assets obtained through restricted agreements with a donor through awards, grants, or gifts must be returned to that entity. All other assets become property of the sponsor. Effect of Amendment The 2006 amendment reprinted this section with no apparent change.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t59c040.phpFetched: 10/17/2026

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