South Carolina Statutes

§ 11-17-50 — Necessity of holding election before issuance of notes.

South Carolina·Title 11 PUBLIC FINANCE·Ch. 17 BORROWING BY STATE, STATE AGENCIES, AND POLITICAL UNITS IN ANTICIPATION OF ISSUANCE OF BONDS
Whenever the favorable result of an election is prescribed by the Constitution or applicable statute as a condition precedent to the issuance of bonds by the borrower, then prior to the issuance of any notes pursuant to this chapter, the election shall have been held and shall have resulted favorably to the issuance of such bonds.

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South Carolina § 11-17-50 (Necessity of holding election before issuance of notes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 1-624; 1965 (54) 150.

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