As used in this article:
(1) "Board" means the Board of Directors of the South Carolina Transportation Infrastructure Bank.
(2) "State board" means the governing board of the State Fiscal Accountability Authority.
(3) "Transportation infrastructure bonds" means all general obligation bonds of this State designated as transportation infrastructure bonds, which are now outstanding and which may hereafter be issued pursuant to the authorizations of this article.
HISTORY: 1997 Act No. 148, Section 2; 2014 Act No. 121 (S.22), Pt VII, Section 20.I, eff July 1, 2015.
Effect of Amendment
2014 Act No. 121, Section 20.I, in subsection (2), substituted "governing board of the State Fiscal Accountability Authority" for "State Budget and Control Board".
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