In the event that any of the obligations of the local government in the development agreement constitute debt, the local government shall comply at the time of the obligation to incur such debt becomes enforceable against the local government with any applicable constitutional and statutory procedures for the approval of this debt.
HISTORY: 1993 Act No. 150, Section 1.
Structure South Carolina Code of Laws
Chapter 31 - South Carolina Local Government Development Agreement Act
Section 6-31-50. Public hearings; notice and publication.
Section 6-31-80. Law in effect at time of agreement governs development; exceptions.
Section 6-31-145. Applicability to local government of constitutional and statutory procedures for approval of debt.
Section 6-31-150. Invalidity of all or part of Section 6-31-140 invalidates chapter.