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S.C. Code Ann. § 11-43-260

Liberal construction

Known as the South Carolina Transportation Infrastructure Bank Act

The act spans §§ 11–11 (46 sections).

1997 Act No. 148, SECTION 2.

This chapter, being for the welfare of this State and its inhabitants, must be liberally construed to effect the purposes specified in this chapter. However, nothing in this chapter must be construed as affecting any proceeding, notice, or approval required by law for the issuance by a government unit or private entity of the loan obligations, instruments, or security for loan obligations.

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