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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-11-2025 SO AS TO ALLOW THE GOVERNING BODY OF A SPECIAL PURPOSE DISTRICT TO VOLUNTARILY DISSOLVE ITSELF AND TRANSFER ITS ASSETS AND LIABILITIES TO A COUNTY IF ACCEPTED BY RESOLUTION OF ITS GOVERNING BODY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 15, Chapter 11, Title 6 of the 1976 Code is amended by adding:
"Section 6-11-2025. Notwithstanding the provision of this article, the governing body of a special purpose district, by resolution, may transfer all of its assets and liabilities to the governing body of a county. The provisions of this section are applicable only if the governing body of the county adopts a resolution agreeing to the terms of the resolution and the provisions of Section 6-11-2140 are followed."
SECTION 2. This act takes effect upon approval by the Governor.
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