Each special purpose district referred to in SECTION 6-11-275 is authorized to borrow funds in anticipation of any annual tax levy, not to exceed seventy-five percent, with the written approval of the county governing body.
Authority to borrow in anticipation of taxes
S.C. Code Ann. § 6-11-276, under Title 6, Chapter 11.
S.C. Code Ann. § 6-11-276