Public-domain · open source
OpenJurist

S.C. Code Ann. § 1-11-135

Fees for processing revenue bonds

1984 Act No. 512, Part II, SECTION 3.

To offset the costs incurred by the State in the review and processing of proposals by the governing bodies of counties and municipalities for the issuance or refunding of industrial, hospital, or pollution control revenue bonds or notes, the State Fiscal Accountability Authority may charge a single fee to cover initial processing including any amendments in accord with the following schedule:

Issue or Refunding Amount

Fee

$1,000,000 or less

$

2,000

$1,000,001 through $25,000,000

3,000

$25,000,001 through $50,000,000

4,000

Over $50,000,000

5,000

The revenue received from these fees must be deposited in the General Fund.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.