South Carolina Statutes
§ 59-121-360 — Liability of State and persons signing bonds for payment of principal and interest.
South Carolina § 59-121-360
JurisdictionSouth Carolina
Title 59EDUCATION
Ch. 121THE CITADEL, THE MILITARY UNIVERSITY OF SOUTH CAROLINA
This text of South Carolina § 59-121-360 (Liability of State and persons signing bonds for payment of principal and interest.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 59-121-360 (2026).
Text
The faith and credit of the State must not be pledged for the payment of the principal and interest of such bonds, and there must be on the face of each bond a statement plainly worded to that effect. Neither the visitors nor any other person signing the bonds is personally liable therefor.
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Legislative History
HISTORY: 2000 Act No. 356, SECTION 2(B).
Nearby Sections
15
§ 59-121-10
Board of visitors; composition.§ 59-121-20
Terms of board members.§ 59-121-30
Election of board members; age limit.§ 59-121-310
Purpose.§ 59-121-320
Definitions.§ 59-121-330
Visitors authorized to acquire, construct, renovate, and equip athletic facilities; bond management costs.§ 59-121-380
Tax exempt status.§ 59-121-390
Fiduciaries as authorized investors.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-121-360, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/121/59-121-360.