S.C. Code Ann. § 6-21-55: Debt service on bonds for municipal improvements not to be imposed on property not located in improvement district.
Where this section sits in the code
- Title 6 - LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS
- CHAPTER 21 Revenue Bond Act for Utilities
The debt service on bonds authorized by this chapter issued by a municipality to finance improvements under and permitted by the Municipal Improvement Act of 1999 shall not impose or be derived from in whole or in part a tax or assessment on property not located in the improvement district.
The provisions of this section do not apply to projects or undertakings designated by a municipal governing body as a "system" under Section 6-21-40.
Collected 2026-09-02T06:25:24Z. Source file · JSON