Bonds issued by the county or municipality pursuant to this chapter do not count for the purposes of calculating the bond-borrowing limit pursuant to Article X of the Constitution of this State.
S.C. Code Ann. § 6-35-70
Effect on bond-borrowing limit
Known as the South Carolina Residential Improvement District Act
The act spans §§ 6–6 (19 sections).
2008 Act No. 350, SECTION 1, eff upon approval (became law without the Governor's signature on June 17, 2008).
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.