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2022 South Carolina Code of Laws
Title 59 - Education
Chapter 127 - South Carolina State University
Section 59-127-330. Full faith and credit of State not pledged; no personal liability for executing bonds.
Universal Citation: SC Code § 59-127-330 (2022)
The faith and credit of the State of South Carolina must not be pledged for the payment of the principal and interest on the bonds and there must be on the face of each bond a statement plainly worded to that effect. Neither the trustees nor any other persons executing the bonds are personally liable for them.
HISTORY: 1992 Act No. 514, Section 5.
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