South Carolina Code 6-23-130. Issuance of bonds authorized
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Terms Used In South Carolina Code 6-23-130
- Joint agency: means a public body and body corporate and politic organized pursuant to the provisions of this chapter. See South Carolina Code 6-23-20
A joint agency may issue bonds pledging to the payment thereof as to both principal and interest the revenues, or any portion thereof, derived or to be derived from all or any of its projects, and any additions and betterments thereto or extensions thereof, or contributions or advances from its members. Bonds of a joint agency shall be authorized by resolution adopted by its board of directors.