Turnpike bonds must be sold at private or public sale under conditions prescribed by the State Fiscal Accountability Authority. For the purpose of bringing about successful sales of the bonds, the State Fiscal Accountability Authority may do all things ordinarily and customarily done in connection with the sale of state or municipal bonds. All expenses incident to the sales of the bonds must be paid from the proceeds of the sale of the bonds. HISTORY: 1962 Code Section 33-220.10; 1972 (57) 3013; 1980 Act No. 449; 1985 Act No. 210, Part II, Section 84C.
South Carolina Legal Code