2021 South Carolina Code of Laws
Title 11 - Public Finance
Chapter 27 - Effect Of New Article X Of Constitution On Bonded And Other Types Of Indebtedness
Section 11-27-10. Definitions.
Unless the context clearly requires a different result, for the purposes of this chapter, the following terms have the meanings given thereto:
"Debt limitation" shall mean those debt limitations applicable under New Article X.
"Law" shall mean any act, law, statute, joint resolution or other enactment of the General Assembly, whether general or special, in force on the occasion of the effective date of New Article X, relating to the issuance of general obligation debt or any other form of debt by the State, its agencies, authorities or institutions and by the political subdivisions and school districts of the State.
"Ratification date" means the effective date of New Article X. "State board" means the governing body of the State Fiscal Accountability Authority. Any term defined in New Article X shall have the meanings therein given to such term.
HISTORY: 1977 Act No. 125 Section 2; 2014 Act No. 121 (S.22), Pt VII, Section 20.C, eff July 1, 2015.
Effect of Amendment
2014 Act No. 121, Section 20.C, in the definition for "State board", substituted "means the governing body of the State Fiscal Accountability Authority" for "shall mean the State Budget and Control Board".
