{"data":{"id":"us-sc/s.c.-code-ann.-6-25-120","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 6-25-120","heading":"Repayment of notes, obligations, or bonds.","body":"A joint system may not pledge the full faith, credit, or taxing power of its members when borrowing money or issuing a bond, note, or other obligation. Only revenues and other funds available to the joint system may be used to pay or pledged to the repayment of any notes, obligations, or bonds.","path":["Title 6 - LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS","CHAPTER 25 Joint Authority Water and Sewer Systems Act"],"source_url":"https://www.scstatehouse.gov/code/t06c025.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:25:39Z","sha256":"14f205fcebf50b2752242150454831598ff595f3734e2c106c7de65aa106943e","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-6-25-115","next":"us-sc/s.c.-code-ann.-6-25-125"},"notice":"GroundRules: Original legal text. Not legal advice."}