Authority to borrow in anticipation of taxes.

  1. Law
  2. South Carolina Code of Laws
  3. Local Government - Provisions Applicable to Special Purpose Districts and Other Political Subdivisions
  4. Special Purpose Or Public Service Districts Generally
  5. Authority to borrow in anticipation of taxes.

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Each special purpose district referred to in Section 6-11-275 is authorized to borrow funds in anticipation of any annual tax levy, not to exceed seventy-five percent, with the written approval of the county governing body.

HISTORY: 1976 Act No. 622 Section 2.


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