S.C. Code Ann. § 6-11-276: Authority to borrow in anticipation of taxes.
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
Each special purpose district referred to in SECTION 6-11-275 is authorized to borrow funds in anticipation of any annual tax levy, not to exceed seventy-five percent, with the written approval of the county governing body.
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