South Carolina Statutes
§ 4-23-850 — Indebtedness of district.
So long as the district is indebted to any person on any bonds, notes, or other obligations issued pursuant to the authority of this article, the provisions of this article and the powers granted to the district and the commission may not be in any way diminished or restricted, and this provision of this article is deemed a part of the contract between the district and the holders of such obligations. The district must assume a portion of indebtedness from the Florence County Fire District to be determined by agreement of the Florence County Fire District, the South Lynches Fire District Commission, and the governing body of Florence County.
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South Carolina § 4-23-850 (Indebtedness of district.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1983 Act No. 149 SECTION 5.
Nearby Sections
15
§ 4-23-10
District created; boundaries.§ 4-23-1000
Legislative findings.§ 4-23-1005
West Florence Fire District.§ 4-23-1006
Repealed.§ 4-23-1010
West Florence Fire District Commission.§ 4-23-1030
Rates charged for services.§ 4-23-1035
General obligation bonds.§ 4-23-1055
Emergency vehicles.