South Carolina Statutes
§ 11-1-30 — Issuance of negotiable notes in anticipation of taxes.
Wherever under the general law or a special act authority is given to borrow money in anticipation of the collection of taxes levied or to be levied in any municipality, county, school district or other political subdivision of the State for the payment of which the taxes so levied or to be levied are pledged, a negotiable promissory note or notes may evidence such indebtedness.
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South Carolina § 11-1-30 (Issuance of negotiable notes in anticipation of taxes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 1-53; 1952 Code SECTION 1-53; 1942 Code SECTION 2837; 1932 Code SECTION 2884; 1931 (37) 131.
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Covenant required.