Maximum amount of outstanding bonds

S.C. Code Ann. § 59-107-90, under Title 59, Chapter 107.

S.C. Code Ann. § 59-107-90

The maximum amount of annual debt service on all outstanding state institution bonds for each state institution shall not exceed ninety percent of the sums received by such state institution from tuition fees for the preceding fiscal year, as provided in Section 13(6)(b) of Article X of the South Carolina Constitution.