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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 59-122-60: State's faith and credit not pledged for payment; board members not personally liable.

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Where this section sits in the code
  1. Title 59 - EDUCATION
  2. CHAPTER 122 The Citadel Housing Revenue Bonds

The faith and credit of the State of South Carolina is not pledged for the payment of the principal and interest of the bonds, and there must be on the face of each bond a statement plainly worded to that effect. Neither the members of the board nor any other person signing the bonds are personally liable for them.

Collected 2026-09-02T08:04:29Z. Source file · JSON

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