Use of proceeds of bonds

S.C. Code Ann. § 59-131-25, under Title 59, Chapter 131.

S.C. Code Ann. § 59-131-25

The proceeds of bonds issued pursuant to this chapter shall be deposited with the State Treasurer and used to defray all or a part of the cost of acquiring and constructing the parking facilities authorized in this chapter and to defray the cost of issuing such bonds.