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S.C. Code Ann. § 31-3-1600

Effect of recital in bond of purpose of issuance

1962 Code SECTION 36-160; 1952 Code SECTION 36-160; 1942 Code SECTION 5271-46; 1937 (40) 431; 1938 (40) 1819.

In any suit, action or proceeding involving the validity or enforceability of any bonds of an authority or the security therefor, any such bond reciting in substance that it has been issued by the authority to aid in financing a housing project to provide dwelling accommodations for persons of low income shall be conclusively deemed to have been issued for a housing project of such character and such project shall be conclusively deemed to have been planned, located and constructed in accordance with the purposes and provisions of this chapter and Chapter 11.

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