{"data":{"id":"us-sc/s.c.-code-ann.-11-51-40","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 11-51-40","heading":"Issuance of general obligation debt authorized; limitations.","body":"To obtain funds for allocation to the research universities for the financing of research infrastructure projects, and for the other purposes set forth in Section 11-51-125, there may be issued general obligation debt pursuant to the conditions prescribed by this chapter; provided, however, that the amount of the general obligation debt issued pursuant to this chapter that may be outstanding at any one time shall not exceed two hundred fifty million dollars.","path":["Title 11 - PUBLIC FINANCE","CHAPTER 51 South Carolina Research University Infrastructure Act"],"source_url":"https://www.scstatehouse.gov/code/t11c051.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:33:59Z","sha256":"98980639b297fbedc14845823979b3b983bcf6c1233704ced610caf5cb97ea01","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-11-51-30","next":"us-sc/s.c.-code-ann.-11-51-50"},"notice":"GroundRules: Original legal text. Not legal advice."}