South Carolina Statutes
§ 11-49-90 — Power to incur debt.
The authority and the board have no power to incur debt or obligations or in any way to encumber their assets except by the issuance of bonds, including the making of covenants in relation to the issuing of bonds and notes in anticipation of the issuance of the bonds, and the incurring of expenses and obligations as authorized in Section 11-49-60.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 11-49-90 (Power to incur debt.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2000 Act No. 387, Part II, SECTION 69A.2.
Nearby Sections
15
§ 11-49-10
Short title.§ 11-49-130
Excess tobacco receipts.§ 11-49-170
Chapter to be liberally construed.§ 11-49-20
Definitions.§ 11-49-70
Bonds.