The faith and credit of the State of South Carolina shall not be pledged for the payment of the principal and interest of such bonds, and there shall be on the face of each bond a statement plainly worded, to that effect. Neither the trustees nor any other person signing the bonds shall be personally liable thereon.
HISTORY: 1975 (59) 79.
Structure South Carolina Code of Laws
Chapter 131 - Parking Facilities At The College Of Charleston
Section 59-131-10. Parking facilities authorized.
Section 59-131-20. Bond issue authorized upon approval.
Section 59-131-25. Use of proceeds of bonds.
Section 59-131-30. Bonds payable solely from revenues of parking facilities.
Section 59-131-40. Full faith and credit of State not pledged for payment of bonds.
Section 59-131-50. Provisions of resolution concerning bonds.
Section 59-131-60. Negotiability and registration.
Section 59-131-70. Tax exemption status.
Section 59-131-80. Bonds as lawful investments.
Section 59-131-90. Execution of bonds.
Section 59-131-100. Sales of bonds.