{"data":{"id":"us-sc/s.c.-code-ann.-6-21-550","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 6-21-550","heading":"Effect of chapter on existing contracts and liens.","body":"Nothing in this chapter shall be construed as authorizing any borrower to impair or commit a breach of the obligation of any valid lien or contract created or entered into by it, the intention hereof being to authorize the pledging, setting aside and segregation of gross revenues only when consistent with outstanding obligations of such borrower.","path":["Title 6 - LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS","CHAPTER 21 Revenue Bond Act for Utilities"],"source_url":"https://www.scstatehouse.gov/code/t06c021.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:25:24Z","sha256":"748641f7edbafd5747a0c2d9cfcdb83091451bb3240e02954d2b7f969081efb5","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-6-21-540","next":"us-sc/s.c.-code-ann.-6-21-560"},"notice":"GroundRules: Original legal text. Not legal advice."}