South Carolina Statutes
§ 11-41-80 — Adoption of resolution effecting issue of bonds.
South Carolina·Title 11 PUBLIC FINANCE·Ch. 41 STATE GENERAL OBLIGATION ECONOMIC DEVELOPMENT BOND ACT
Following the receipt of the notification presented pursuant to Section 11-41-70 and after review by the Joint Bond Review Committee, and approval by the State Fiscal Accountability Authority, by resolution duly adopted, shall effect the issue of bonds, or pending the issue of the bonds, effect the issue of bond anticipation notes pursuant to Chapter 17 of this title.
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Legislative History
HISTORY: 2002 Act No. 254, SECTION 1; 2014 Act No. 121 (S.22), Pt VII, SECTION 20.H.2, eff July 1, 2015. Effect of Amendment 2014 Act No. 121, SECTION 20.H.2, substituted "review" for "approval" before "by the Joint Board", and substituted "and approval by the State Fiscal Accountability Authority" for "the State Budget and Control Board".
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.