South Carolina Statutes
§ 57-5-1460 — Power and duty of Governor and State Treasurer upon receipt of bond resolution.
If following presentation of a certified copy of the bond resolution it appears to the satisfaction of the Governor and the State Treasurer that the estimated collection from the sources of revenue in applicable future fiscal years are not less than that required for annual debt service requirements for the requested turnpike bonds, the Governor and State Treasurer may effect the delivery of bonds in accordance with the bond resolution.
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South Carolina § 57-5-1460 (Power and duty of Governor and State Treasurer upon receipt of bond resolution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1980 Act No. 449; 1985 Act No. 201, Part II, SECTION 84D.
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Penalties.