The municipal council may provide in the proceedings taken in connection with the issuance of bonds that the bonds or the coupons, either or both, shall be receivable for taxes due to the municipality during the year in which they respectively mature.
S.C. Code Ann. § 5-21-770
Use of bonds in payment of taxes
Known as the Paving Bond Act
The act spans §§ 5-21-610 to 5-21-800 (20 sections).
1962 Code SECTION 47-860.17; 1952 Code SECTION 47-860.17; 1951 (47) 767.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.