South Carolina § 6-23-210 - Bonds to be special obligations; payment thereof.
Full text of South Carolina South Carolina Code of Laws § 6-23-210 — Bonds to be special obligations; payment thereof., with citation guidance and answers to common questions.
§ 6-23-210. Bonds to be special obligations; payment thereof.
The bonds shall be special obligations of the joint agency issuing them. The principal of, premium, if any, and interest on the bonds shall not be payable from the general funds of the joint agency, nor shall they constitute a legal or equitable pledge, charge, lien, or encumbrance upon any of its property or upon any of its income, receipts, or revenues, except the funds which are pledged under the resolution authorizing the bonds or the trust agreement securing the bonds. Neither the faith and credit nor the taxing power of the State or any municipality is, or may be, pledged for the payment of the principal of or interest on the bonds, and no holder of the bonds shall have the right to compel the exercise of the taxing power by the State or any municipality or the forfeiture of any of its property in connection with any default thereon. Every bond shall recite in substance that the principal of and interest on the bond is payable solely from the revenues pledged to its payment and that the joint agency is not obligated to pay the principal or interest except from such revenues.
HISTORY: 1978 Act No. 473, SECTION 22.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 6-23-210
What does South Carolina Code of Laws § 6-23-210 cover?
Section 6-23-210 ("Bonds to be special obligations; payment thereof.") 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 § 6-23-210?
A common citation format is "South Carolina Code of Laws § 6-23-210" (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 § 6-23-210 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.