The governing body of the issuer may provide in the proceedings taken in connection with the issuance of refunding bonds that either the bonds or the coupons shall be receivable for taxes due to the issuer during the year in which they respectively mature.
Use of bonds to pay taxes
S.C. Code Ann. § 11-15-570, under Title 11, Chapter 15.
S.C. Code Ann. § 11-15-570