Whenever, after the issuance of general obligation bond anticipation notes, it becomes necessary to determine whether or not general obligation bonds issued to provide funds with which to pay such notes (or any notes refunding such notes) have been issued within any time limitation prescribed therefor or in obedience to any condition imposed by law, the date of the issuance of the original notes shall be used for the purposes of such determination.
HISTORY: 1981 Act No. 3, Section 1.
Structure South Carolina Code of Laws
Section 11-17-10. Definitions.
Section 11-17-30. Use of other funds for payment of notes.
Section 11-17-40. Manner of issuing notes.
Section 11-17-50. Necessity of holding election before issuance of notes.
Section 11-17-60. Resolution of governing body; consent or approval required; renewal or refunding.
Section 11-17-70. Notes secured by full faith, credit, and taxing power of borrower.
Section 11-17-80. Purpose of bonds deemed to include payment of notes.
Section 11-17-90. Application of proceeds of notes.
Section 11-17-100. Application of proceeds of bonds to payment of notes.