The General Assembly finds that the tuition fees charged at the several State institutions, if maintained and applied in the manner prescribed by this chapter, will be sufficient to provide for the payment of the principal and interest on State institution bonds issued pursuant to this chapter, without resorting to a property tax.
S.C. Code Ann. § 59-107-190
Declaration of sufficiency of tuition fees to pay bonds
1962 Code SECTION 22-39; 1953 (48) 169.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.