South Carolina § 51-7-50 Issuance of revenue obligations.

South Carolina Statutes

§ 51-7-50 — Issuance of revenue obligations.

South Carolina·Title 51 PARKS, RECREATION, AND TOURISM·Ch. 7 HUNTING ISLAND, BEAUFORT COUNTY

In order to obtain funds to construct streets and roads on said island, to construct a water supply system, to lay out and subdivide the island, to develop it for the purposes herein set forth and to provide any service or facilities herein authorized, the Department may from time to time issue and sell bonds or notes, payable from the revenues to be derived from the operation of the projects which it is authorized to undertake or operate, secured in the manner herein provided for. Such bonds shall be authorized by resolution of the Department.

Free access — add to your briefcase to read the full text and ask questions with AI

In order to obtain funds to construct streets and roads on said island, to construct a water supply system, to lay out and subdivide the island, to develop it for the purposes herein set forth and to provide any service or facilities herein authorized, the Department may from time to time issue and sell bonds or notes, payable from the revenues to be derived from the operation of the projects which it is authorized to undertake or operate, secured in the manner herein provided for. Such bonds shall be authorized by resolution of the Department.

South Carolina § 51-7-50 (Issuance of revenue obligations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.