There is a newer version of the South Carolina Code of Laws
2015 South Carolina Code of Laws
Title 11 - Public Finance
CHAPTER 19 - BORROWING IN ANTICIPATION OF FEDERAL GRANTS
Section 11-19-50. Necessity of holding election before issuance of obligations.
SC Code § 11-19-50 (2015) What's This?
Whenever the favorable result of an election is prescribed by the Constitution or applicable statute as a condition precedent to the undertaking of the project by the borrower, then prior to the issuance of any obligations pursuant to this chapter, the election shall have been held and shall have resulted favorably to the undertaking of the project.
HISTORY: 1962 Code Section 1-641.4; 1971 (57) 902.
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