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2021 South Carolina Code of Laws
Title 11 - Public Finance
Chapter 19 - Borrowing In Anticipation Of Federal Grants
Section 11-19-30. Maximum amount.
Universal Citation: SC Code § 11-19-30 (2021)
The maximum amount of any loan made pursuant to this chapter shall not exceed ninety percent of the estimated amount of the grant in anticipation of which the loan is made.
HISTORY: 1962 Code Section 1-641.2; 1971 (57) 902.
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