South Carolina § 6-25-110 - Authorization to incur debt and issue bonds.
Full text of South Carolina South Carolina Code of Laws § 6-25-110 — Authorization to incur debt and issue bonds., with citation guidance and answers to common questions.
§ 6-25-110. Authorization to incur debt and issue bonds.
A joint system may incur debt for any of its purposes and may issue bonds pledging to the payment as to both principal and interest the revenues, or any portion, derived or to be derived from all or any of its projects and any additions and betterments or extensions or contributions or advances from its members or other sources of funds available to it. A joint system may not undertake a project required to be financed, in whole or in part, with the proceeds of bonds without the approval of the governing bodies of each member which is obligated or to be obligated under any contract for the payment of amounts to be pledged as security therefore and a favorable vote of two-thirds of all commissioners. A joint system formed only for the purpose of creating a financing pool may issue notes in anticipation of the issuance of bonds by its members to the government.
HISTORY: 1983 Act No. 82, SECTION 2; 1997 Act No. 74, SECTION 4; 1999 Act No. 113, SECTION 14; 2007 Act No. 59, SECTION 1, eff June 6, 2007.
Effect of Amendment
The 2007 amendment made nonsubstantive changes.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 6-25-110
What does South Carolina Code of Laws § 6-25-110 cover?
Section 6-25-110 ("Authorization to incur debt and issue bonds.") 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 § 6-25-110?
A common citation format is "South Carolina Code of Laws § 6-25-110" (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 § 6-25-110 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.