Governing body issuing bonds to determine interest rate on bonds.

S.C. Code Ann. § 11-9-360
in effect
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Notwithstanding any limitation or restriction now existing by statute heretofore enacted, bonds or other obligations of the State, its agencies, or political subdivisions of the State shall bear interest at a rate or rates determined by the governing body of the entity issuing the bonds.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t11c009.phpFetched: 10/17/2026

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