This article is intended to authorize and provide the procedure for the issuance of general obligation bonds whose proceeds are to be used to pay, in whole or in part, sums due on general obligation bonds previously issued.
S.C. Code Ann. § 11-15-420
Declaration of purpose
Known as the Refunding Act
The act spans §§ 11–11 (20 sections).
1962 Code SECTION 1-683; 1952 Code SECTION 1-683; 1951 (47) 755.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.