South Carolina § 6-21-55 Debt service on bonds for municipal improvements not to be imposed on property not located in improvement district.

South Carolina Statutes

§ 6-21-55 — Debt service on bonds for municipal improvements not to be imposed on property not located in improvement district.

South Carolina § 6-21-55

Title 6LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS

Ch. 21REVENUE BOND ACT FOR UTILITIES

This text of South Carolina § 6-21-55 (Debt service on bonds for municipal improvements not to be imposed on property not located in improvement district.) 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. § 6-21-55 (2026).

Text

The debt service on bonds authorized by this chapter issued by a municipality to finance improvements under and permitted by the Municipal Improvement Act of 1999 shall not impose or be derived from in whole or in part a tax or assessment on property not located in the improvement district. The provisions of this section do not apply to projects or undertakings designated by a municipal governing body as a "system" under Section 6-21-40.

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The debt service on bonds authorized by this chapter issued by a municipality to finance improvements under and permitted by the Municipal Improvement Act of 1999 shall not impose or be derived from in whole or in part a tax or assessment on property not located in the improvement district. The provisions of this section do not apply to projects or undertakings designated by a municipal governing body as a "system" under Section 6-21-40.