S.C. Code § 11-51-40

Current through 2024 Act No. 225.
Section 11-51-40 - Issuance of general obligation debt authorized; limitations

To obtain funds for allocation to the research universities for the financing of research infrastructure projects, and for the other purposes set forth in Section 11-51-125, there may be issued general obligation debt pursuant to the conditions prescribed by this chapter; provided, however, that the amount of the general obligation debt issued pursuant to this chapter that may be outstanding at any one time shall not exceed two hundred fifty million dollars.

S.C. Code § 11-51-40

2004 Act No. 187, Section 9.