2013 South Carolina Code of Laws
Title 51 - Parks, Recreation and Tourism
CHAPTER 13 - REGIONAL DISTRICTS, COMMISSIONS AND AUTHORITIES
SECTION 51-13-810. Authorization to borrow money.


SC Code § 51-13-810 (2013) What's This?

As a means of raising the funds needed in the acquisition, construction, equipment, maintenance, and operation of any facility, building, structure, or other matter or thing which the authority is authorized to acquire, construct, equip, maintain, or operate, all or any of them, the authority, subject to the approval of the Budget and Control Board, may borrow money and make and issue negotiable notes, or other evidences of indebtedness and provide for their payment under terms and conditions the authority determines.

HISTORY: 1962 Code Section 51-99.3; 1973 (58) 132; 1990 Act No. 349, Section 3.

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