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2020 South Carolina Code of Laws
Title 59 - Education
Chapter 53 - Technical And Vocational Education And Training
Section 59-53-154. Bond issues; full faith and credit of State shall not be pledged.
Universal Citation: SC Code § 59-53-154 (2020)
The faith and credit of the State shall not be pledged for the payment of the principal and interest of any bonds issued pursuant to this article and there shall be on the face of each bond a statement plainly worded to that effect. Neither the members of the board nor any other person executing the bonds shall be personally liable thereon.
HISTORY: 1978 Act No. 646, Section 5.
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