South Carolina Statutes
§ 59-21-330 — Obligation to make grants subordinate to State school bonds.
The obligation of the State to make sums available to school districts as provided under Section 59-21-320 shall be subordinate to the pledge made to secure the State school bonds authorized under Article 5 of Chapter 71 of this Title and the sinking fund created for their retirement.
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South Carolina § 59-21-330 (Obligation to make grants subordinate to State school bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 21-273; 1952 Code SECTION 21-273; 1951 (47) 546; 1967 (55) 719.
Nearby Sections
15
§ 59-21-10
"School" defined.§ 59-21-1010
Disposition and allocation of revenues; special vote required to amend or repeal this section.§ 59-21-1020
Department of Education to monitor and audit disbursements; reversion of unexpended appropriations.§ 59-21-1030
Level of financial effort per pupil required of each school district; application for waiver.§ 59-21-110
Allowance for supervision and overhead.§ 59-21-120
Allowance for maintenance and operation.§ 59-21-1210
Campus incentive program established; funding.§ 59-21-130
Disbursement to counties.