South Carolina Statutes
§ 11-41-170 — Expenditure of proceeds.
South Carolina·Title 11 PUBLIC FINANCE·Ch. 41 STATE GENERAL OBLIGATION ECONOMIC DEVELOPMENT BOND ACT
The proceeds received from the issuance of bonds, after deducting the costs of issuance, must be expended only for the purpose of providing infrastructure.
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South Carolina § 11-41-170 (Expenditure of proceeds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2002 Act No. 254, SECTION 1.
Nearby Sections
15
§ 11-41-10
Short title.§ 11-41-110
Bonds exempt from taxation.§ 11-41-130
Payment of principal and interest.§ 11-41-140
Sale of bonds.§ 11-41-160
Purchase by fiduciaries.§ 11-41-170
Expenditure of proceeds.§ 11-41-30
Definitions.§ 11-41-40
Issuance of bonds pursuant to chapter.