14 chapters · 375 sections in this title.
S.C. Code Ann. § 57-11-340 Exemption of bonds from taxation
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All state highway bonds issued under this article, and the interest thereon, shall be exempt from all state, county, municipal, school district, and other taxes or assessments, direct or indirect, general or special, imposed by the State of South Carolina, whether imposed for the…
S.C. Code Ann. § 57-11-360 Sale of bonds
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State highway bonds shall be sold by the Governor and the State Treasurer upon sealed proposals, after publication of notice of such sale one or more times at least seven days before such sale, in a newspaper of general circulation in the State and also in a financial paper publi…
S.C. Code Ann. § 57-11-370 Bonds constitute legal investments
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It shall be lawful for all executors, administrators, guardians, and other fiduciaries and all sinking fund commissions, including the State Fiscal Accountability Authority of South Carolina as manager and administrator of other state sinking funds, to invest any monies in their …
S.C. Code Ann. § 57-11-380 Disposition of proceeds of sale of bonds
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The proceeds of the sale of state highway bonds must be received by the State Treasurer and applied by the State Treasurer to the purposes for which issued, except that the accrued interest, if any, must be used to discharge in part the first interest to become due on the bonds, …