South Carolina § 44-7-60 - Borrowing money by nonprofit public hospitals.
Full text of South Carolina South Carolina Code of Laws § 44-7-60 — Borrowing money by nonprofit public hospitals., with citation guidance and answers to common questions.
§ 44-7-60. Borrowing money by nonprofit public hospitals.
Notwithstanding any other provision of law, the governing board of any nonprofit public hospital in this State with the approval of the governing body of the county wherein such hospital is located which has borrowed money may continue to borrow money in the name of the hospital for general hospital purposes. "Borrowing money" as used herein shall include the authority to make notes or other evidences of debt and to secure payment thereof by placing a mortgage on any or all of its property, both real and personal.
HISTORY: 1978 Act No. 558.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 44-7-60
What does South Carolina Code of Laws § 44-7-60 cover?
Section 44-7-60 ("Borrowing money by nonprofit public hospitals.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 44-7-60?
A common citation format is "South Carolina Code of Laws § 44-7-60" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 44-7-60 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.