GroundRules
S.C. Code Ann. § 59-53-154: Bond issues; full faith and credit of State shall not be pledged.
Where this section sits in the code
- Title 59 - EDUCATION
- CHAPTER 53 Technical and Vocational Education and Training
- ARTICLE 2 Facilities and Improvements for Technical Education Colleges and Centers
The faith and credit of the State shall not be pledged for the payment of the principal and interest of any bonds issued pursuant to this article and there shall be on the face of each bond a statement plainly worded to that effect. Neither the members of the board nor any other person executing the bonds shall be personally liable thereon.
Collected 2026-09-02T08:01:39Z. Source file · JSON