GroundRules
S.C. Code Ann. § 59-131-40: Full faith and credit of State not pledged for payment of bonds.
Where this section sits in the code
- Title 59 - EDUCATION
- CHAPTER 131 Parking Facilities at the College of Charleston
The faith and credit of the State of South Carolina shall not be pledged for the payment of the principal and interest of such bonds, and there shall be on the face of each bond a statement plainly worded, to that effect. Neither the trustees nor any other person signing the bonds shall be personally liable thereon.
Collected 2026-09-02T08:04:59Z. Source file · JSON