South Carolina § 11-15-440 - Extent to which refunding bonds may be issued.
Full text of South Carolina South Carolina Code of Laws § 11-15-440 — Extent to which refunding bonds may be issued., with citation guidance and answers to common questions.
§ 11-15-440. Extent to which refunding bonds may be issued.
The governing body of any issuer may issue general obligation bonds of such issuer to such extent as such issuer shall be indebted by way of principal, interest, and redemption premium upon any outstanding general obligation or revenue bonds, maturing or called for redemption, less all sinking funds and other monies on hand applicable thereto. The issuer may utilize the provisions of Sections 11-27-40 and 11-27-50 in connection with the issuance of such refunding bonds.
HISTORY: 1962 Code SECTION 1-684; 1952 Code SECTION 1-684; 1951 (47) 755; 1999 Act No. 113, SECTION 23.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 11-15-440
What does South Carolina Code of Laws § 11-15-440 cover?
Section 11-15-440 ("Extent to which refunding bonds may be issued.") 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 § 11-15-440?
A common citation format is "South Carolina Code of Laws § 11-15-440" (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 § 11-15-440 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.