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Terms Used In South Carolina Code 4-23-1105

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
A joint county fire district may issue general obligation bonds for any corporate purpose by utilizing the procedures set forth in §§ 6-11-820 through 6-11-1030, the provisions of § 6-11-810(d) and (e) notwithstanding.