South Carolina Statutes
§ 59-71-30 — Authorities of operating school units authorized to issue general obligation bonds.
South Carolina § 59-71-30
This text of South Carolina § 59-71-30 (Authorities of operating school units authorized to issue general obligation bonds.) 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. § 59-71-30 (2026).
Text
The authorities of any operating school unit may issue general obligation bonds of such operating school unit for the purpose of defraying the cost of capital improvements to any amount not exceeding the constitutional debt limitation applicable to such operating school unit, if:
(1)The election required by this article as a condition precedent to the issuance of bonds results favorably thereto;
(2)The bonds are issued within three years following the holding of the election; and (3) The county board wherein such operating school unit is located, if there is such, shall give its approval to the issuance of such bonds.
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Legislative History
HISTORY: 1962 Code SECTION 21-973; 1952 Code SECTION 21-973; 1951 (47) 759.
Nearby Sections
15
§ 59-71-10
Short title.§ 59-71-100
Place of payment.§ 59-71-110
Interest rate.§ 59-71-120
Execution of bonds.§ 59-71-130
Sale of bonds.§ 59-71-140
Minimum sales price.§ 59-71-150
Credit pledged for payment; tax.§ 59-71-160
Exemption of bonds from taxes.§ 59-71-170
Bonds as legal investments.§ 59-71-180
Deposit and use of proceeds.§ 59-71-20
Definitions.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-71-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/71/59-71-30.