Section 11-9-360. Governing body issuing bonds to determine interest rate on bonds.

SC Code § 11-9-360 (2019) (N/A)
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Notwithstanding any limitation or restriction now existing by statute heretofore enacted, bonds or other obligations of the State, its agencies, or political subdivisions of the State shall bear interest at a rate or rates determined by the governing body of the entity issuing the bonds.

HISTORY: 1989 Act No. 199, Section 1.