South Carolina Statutes

§ 59-71-580 — Retail sales tax provisions as part of contract with bondholders.

South Carolina § 59-71-580
JurisdictionSouth Carolina
Title 59EDUCATION
Ch. 71SCHOOL BONDS

This text of South Carolina § 59-71-580 (Retail sales tax provisions as part of contract with bondholders.) 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. § 59-71-580 (2026).

Text

The provisions of Chapter 35 of Title 12 levying the retail sales tax and of this article pledging the proceeds thereof to the payment of the principal and interest of State school bonds and to the sinking fund to be established for the retirement of the outstanding principal of the bonds shall be deemed to partake of the obligation of the contract between the State and the holders of the State school bonds.

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Legislative History

HISTORY: 1962 Code SECTION 21-1000.3; 1952 Code SECTION 21-1000.3; 1951 (47) 546.

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Bluebook (online)
South Carolina § 59-71-580, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/71/59-71-580.