The form of ballot shall seek an answer to the question or questions as to whether the municipal council of the municipality shall be empowered to issue general obligation bonds of such municipality for the purpose specified in the petition. The question thus presented shall be followed with the words "YES" and "NO" and instructions shall appear on such ballot that those who wish the issuance of bonds shall strike through the word "NO" while those who oppose the issuance of bonds shall strike through the word "YES." As many questions may be submitted on a single ballot as there are purposes for which bonds are sought to be issued in the petition, but each question shall be separately stated, except that when bonds are sought to be issued for water and sewer purposes those questions may be combined. If more than one question appears on the ballot, the instructions shall make it clear to all voters that they may vote for one or more proposals and against the others or that they may vote for one or more proposals and not vote for or against the others.
HISTORY: 1962 Code Section 47-841; 1952 Code Section 47-841; 1951 (47) 771.
Structure South Carolina Code of Laws
Title 5 - Municipal Corporations
Chapter 21 - Financial Matters Generally
Section 5-21-20. Exceptions to 5-21-10.
Section 5-21-30. Municipal officers prohibited from contracting with municipality; exceptions.
Section 5-21-40. Officers required to account to municipality for interest collected on deposits.
Section 5-21-50. Towns over 200 required to publish financial statements.
Section 5-21-110. Property subject to municipal taxes.
Section 5-21-120. Cities and towns authorized to collect taxes in installments.
Section 5-21-130. Unlawful for proceeds of tax specially levied to be applied for other purposes.
Section 5-21-210. Short title.
Section 5-21-220. Definitions.
Section 5-21-230. Declaration of purpose.
Section 5-21-240. Municipal councils authorized to issue bonds; extent of issue.
Section 5-21-250. Petition for election on issuance.
Section 5-21-260. Notice of filing of petition.
Section 5-21-270. Action on petition.
Section 5-21-280. Time for holding election.
Section 5-21-290. Notice of the holding of the election.
Section 5-21-300. Qualified voters.
Section 5-21-320. Declaration of result of election; effect when filed.
Section 5-21-340. Maturity of bonds.
Section 5-21-350. Redemption privilege.
Section 5-21-360. Negotiability; registration.
Section 5-21-370. Place of payment.
Section 5-21-380. Interest rate.
Section 5-21-390. Execution of bonds.
Section 5-21-400. Pledge of credit for payment and tax therefor; sinking fund.
Section 5-21-410. Additional pledge of utility revenues.
Section 5-21-420. Covenants permissible if revenues are pledged.
Section 5-21-430. Sale of bonds.
Section 5-21-440. Minimum sale price.
Section 5-21-450. Deposit and use of proceeds.
Section 5-21-460. Bonds are legal investments for fiduciaries and sinking funds commissions.
Section 5-21-470. Exemption from taxes.
Section 5-21-480. Use of bonds in payment of taxes.
Section 5-21-490. Bond holder's right to require levying of taxes and to enforce covenants.
Section 5-21-500. Diversion of and payment of funds; penalties.
Section 5-21-610. Short title.
Section 5-21-620. Definitions.
Section 5-21-630. Declaration of purpose.
Section 5-21-650. Maturities of bonds.
Section 5-21-660. Redemption privilege.
Section 5-21-670. Denominations of bonds.
Section 5-21-680. Coupons, registrations and negotiability.
Section 5-21-690. Place of payment.
Section 5-21-700. Interest rates.
Section 5-21-710. Execution of bonds.
Section 5-21-720. Exemption from taxes.
Section 5-21-730. Sale of bonds.
Section 5-21-740. Minimum sale price.
Section 5-21-750. Deposit and use of proceeds.
Section 5-21-760. Bonds are legal investments for fiduciaries and sinking fund commissions.
Section 5-21-770. Use of bonds in payment of taxes.
Section 5-21-780. Credit pledged for payment; levy of taxes to pay.
Section 5-21-790. Use and pledge of assessments collected.
Section 5-21-800. Bond holder's right to require levying of taxes and to enforce covenants.