South Carolina General Assembly
105th Session, 1983-1984

Bill 2242

                    Current Status

Bill Number:               2242
Ratification Number:       18
Act Number                 234
Introducing Body:          House
Subject:                   Bonds sold by any school district in
                           Dillon
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A234, R18, H2242)

A JOINT RESOLUTION TO PROVIDE THAT THE PROVISIONS OF SECTION 59-71-130, CODE OF LAWS OF SOUTH CAROLINA, 1976, SHALL NOT APPLY TO ANY BONDS SOLD BY ANY SCHOOL DISTRICT IN DILLON COUNTY DURING 1983.

Be it enacted by the General Assembly of the State of South Carolina:

Dillon County school bonds exempt from provisions

SECTION 1. The provisions of Section 59-71-130 of the 1976 Code, requiring the public sale of general obligation bonds of school districts and the advertisement of the sale if issued under the provisions of Article 1 of Chapter 71 of Title 59 of the 1976 Code known as the School Bond Act shall not apply to the sale of any bonds of any school district located in Dillon County which are sold during the calendar year 1983 if the rate of intereston such bonds is approved by the State Budget and Control Board.

Time effective

SECTION 2. This act shall take effect upon approval by the Governor.