The State Treasurer is hereby authorized to prescribe rules and regulations (a) requiring the filing of such information as he deems pertinent with respect to bonds to be sold with the provision authorized by Section 1 of 1973 Act No. 378, (b) requiring school districts issuing bonds to provide him with an analysis of each annual tax levy to be made therein before it is imposed, (c) providing for the immediate withholding of any funds due to a school district which fails to impose adequate millage for debt service, or which fails to perform any of the terms and provisions contained in any such resolution or to comply with any such rules and regulations. HISTORY: 1962 Code Section 21-993.2; 1973 (58) 652.
South Carolina Legal Code