South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 11-17-90: Application of proceeds of notes.

Where this section sits in the code

Title 11 - PUBLIC FINANCE
CHAPTER 17 Borrowing by State, State Agencies, and Political Units in Anticipation of Issuance of Bonds

It shall be the duty of the governing body to apply the proceeds of any notes issued pursuant to this chapter to the purpose for which bonds are to be issued, but no purchaser of any notes shall be liable for the proper application of the proceeds.

Collected 2026-09-02T06:31:59Z. Source file · JSON

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