This chapter, being for the welfare of this State and its inhabitants, must be liberally construed to effect the purposes specified in this chapter. No proceeding, notice, or approval is required for the issuance of bonds of the authority or loan obligations by a local government or instruments or the security for the bonds or loan obligation, except as provided in this chapter. If the provisions of this chapter are inconsistent with the provisions of any other law, general, special, or local, the provisions of this chapter control.
S.C. Code Ann. § 11-40-260
Chapter to be liberally construed; approval of bonds not required; provisions of Chapter control
Known as the South Carolina Infrastructure Facilities Authority Act
The act spans §§ 11-40-10–11-40-90 (27 sections).
1994 Act No. 525, SECTION 2.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.