Expenditure of proceeds.

S.C. Code Ann. § 11-41-170
in effect
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The proceeds received from the issuance of bonds, after deducting the costs of issuance, must be expended only for the purpose of providing infrastructure.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t11c041.phpFetched: 10/17/2026

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