Maximum amount of outstanding bonds.

S.C. Code Ann. § 59-107-90
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The maximum amount of annual debt service on all outstanding state institution bonds for each state institution shall not exceed ninety percent of the sums received by such state institution from tuition fees for the preceding fiscal year, as provided in Section 13(6)(b) of Article X of the South Carolina Constitution.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t59c107.phpFetched: 10/17/2026

Starting a business in South Carolina? South Carolina LLC guide: costs and requirements