{"data":{"id":"us-sc/s.c.-code-ann.-11-19-70","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 11-19-70","heading":"Application of proceeds of obligations.","body":"It shall be the duty of the governing body to apply the proceeds of any obligations issued pursuant to this chapter to the cost of the construction of the project for which the grant is to be made, but no purchaser of any obligations shall be liable for the proper application of the proceeds.","path":["Title 11 - PUBLIC FINANCE","CHAPTER 19 Borrowing in Anticipation of Federal Grants"],"source_url":"https://www.scstatehouse.gov/code/t11c019.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:32:09Z","sha256":"83475c87fc3e264b79d658e5591f50452aa106361baf35a24bd539d71d1032b4","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-11-19-60","next":"us-sc/s.c.-code-ann.-11-19-80"},"notice":"GroundRules: Original legal text. Not legal advice."}