GroundRules
S.C. Code Ann. § 6-11-210: Issuance and sale of bonds; use of proceeds.
Where this section sits in the code
- Title 6 - LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS
- CHAPTER 11 Special Purpose or Public Service Districts Generally
- ARTICLE 1 General Provisions
If a majority of the votes cast at such election shall be for the issuing of bonds, such bonds shall be issued and sold by the board of commissioners at not less than par and accrued interest and the proceeds shall be used by the board of commissioners for the purpose of construction and equipment in behalf of the district of the electric light, water supply, fire protection or sewerage system, as the case may be.
Collected 2026-09-02T06:24:54Z. Source file · JSON