South Carolina Statutes

§ 6-35-70 — Effect on bond-borrowing limit.

South Carolina·Title 6 LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS·Ch. 35 RESIDENTIAL IMPROVEMENT DISTRICT ACT
Bonds issued by the county or municipality pursuant to this chapter do not count for the purposes of calculating the bond-borrowing limit pursuant to Article X of the Constitution of this State.

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South Carolina § 6-35-70 (Effect on bond-borrowing limit.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 2008 Act No. 350, SECTION 1, eff upon approval (became law without the Governor's signature on June 17, 2008).

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