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2017 South Carolina Code of Laws
Title 59 - Education
CHAPTER 123 - THE MEDICAL UNIVERSITY OF SOUTH CAROLINA
Section 59-123-240. Credit of state not to be pledged; trustees not liable on bonds.
Universal Citation: SC Code § 59-123-240 (2017)
The faith and credit of the State of South Carolina shall not be pledged for the payment of the principal and interest of such bonds, and there shall be on the face of each bond a statement plainly worded, to that effect. Neither the trustees nor any other person signing the bonds shall be personally liable therefor.
HISTORY: 1982 Act No. 392, Section 5.
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