South Carolina § 57-5-1420 - Application of bond proceeds.
Full text of South Carolina South Carolina Code of Laws § 57-5-1420 — Application of bond proceeds., with citation guidance and answers to common questions.
§ 57-5-1420. Application of bond proceeds.
The proceeds derived from the sale of turnpike bonds must be applied only to the purposes for which bonds are issued.
HISTORY: 1962 Code SECTION 33-220.8; 1972 (57) 3013; 1980 Act No. 449; 1985 Act No. 201, Part II, SECTION 84C.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 57-5-1420
What does South Carolina Code of Laws § 57-5-1420 cover?
Section 57-5-1420 ("Application of bond proceeds.") 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 § 57-5-1420?
A common citation format is "South Carolina Code of Laws § 57-5-1420" (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 § 57-5-1420 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.