S.C. Code Ann. § 11-41-170 – Expenditure of proceeds | Midpage
§ 11-41-170
S.C. Code Ann. § 11-41-170
Expenditure of proceeds
2002 Act No. 254, Section 1.
The proceeds received from the issuance of bonds, after deducting the costs of issuance, must be expended only for the purpose of providing infrastructure.