South Carolina § 44-7-60 Borrowing money by nonprofit public hospitals.

South Carolina Statutes

§ 44-7-60 — Borrowing money by nonprofit public hospitals.

South Carolina § 44-7-60

Title 44HEALTH

Ch. 7HOSPITALS, TUBERCULOSIS CAMPS, AND HEALTH SERVICES DISTRICTS

This text of South Carolina § 44-7-60 (Borrowing money by nonprofit public hospitals.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 44-7-60 (2026).

Text

Notwithstanding any other provision of law, the governing board of any nonprofit public hospital in this State with the approval of the governing body of the county wherein such hospital is located which has borrowed money may continue to borrow money in the name of the hospital for general hospital purposes. "Borrowing money" as used herein shall include the authority to make notes or other evidences of debt and to secure payment thereof by placing a mortgage on any or all of its property, both real and personal.

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Notwithstanding any other provision of law, the governing board of any nonprofit public hospital in this State with the approval of the governing body of the county wherein such hospital is located which has borrowed money may continue to borrow money in the name of the hospital for general hospital purposes. "Borrowing money" as used herein shall include the authority to make notes or other evidences of debt and to secure payment thereof by placing a mortgage on any or all of its property, both real and personal.