In the event that any of the obligations of the local government in the development agreement constitute debt, the local government shall comply at the time of the obligation to incur such debt becomes enforceable against the local government with any applicable constitutional and statutory procedures for the approval of this debt.
S.C. Code Ann. § 6-31-145
Applicability to local government of constitutional and statutory procedures for approval of debt
Known as the South Carolina Local Government Development Agreement Act
The act spans §§ 6–6 (17 sections).
1993 Act No. 150, SECTION 1.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.