{"data":{"id":"us-sc/s.c.-code-ann.-11-15-590","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 11-15-590","heading":"Deposit and use of proceeds.","body":"The proceeds derived from the sale of these bonds must be deposited in a special fund, separate and distinct from all other funds, and applied solely to the purposes for which the bonds are issued, except that the accrued interest, if any, must be used to discharge in part the first interest to become due on the bonds.","path":["Title 11 - PUBLIC FINANCE","CHAPTER 15 Bonds of Political Subdivisions","ARTICLE 5 Refunding Act"],"source_url":"https://www.scstatehouse.gov/code/t11c015.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:31:54Z","sha256":"034d42f36a6f9286441a1fcaca23a8c022ce19def3b598c7dd097c956291d0d7","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-11-15-580","next":"us-sc/s.c.-code-ann.-11-15-600"},"notice":"GroundRules: Original legal text. Not legal advice."}