South Carolina Statutes
§ 59-53-154 — Bond issues; full faith and credit of State shall not be pledged.
The faith and credit of the State shall not be pledged for the payment of the principal and interest of any bonds issued pursuant to this article and there shall be on the face of each bond a statement plainly worded to that effect. Neither the members of the board nor any other person executing the bonds shall be personally liable thereon.
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South Carolina § 59-53-154 (Bond issues; full faith and credit of State shall not be pledged.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1978 Act No. 646, SECTION 5.
Nearby Sections
15
§ 59-53-1010
Creation of commission; membership; officers.§ 59-53-1030
Powers of Commission.§ 59-53-1040
Accounts of commission; audits.§ 59-53-1050
Reports.§ 59-53-1060
Apportionment of expenses.§ 59-53-1120
Powers and duties; name of institution.§ 59-53-1140
Submission of annual budget.§ 59-53-1210
Creation of district; commission.§ 59-53-1220
Membership of Commission; officers.§ 59-53-1230
Technical education center.