S.C. Code § 11-9-330

Current through 2024 Act No. 225.

Section 11-9-330 - Expenses of issuance of small denomination notes or other obligations

All proper expenses incurred in the negotiation or sale of any such obligations may be paid by the State Fiscal Accountability Authority or other officers of the State from the proceeds of such sale; provided, however, that the total amount of such expense shall never exceed one half of one per cent of the principal of such notes or other obligations.

S.C. Code § 11-9-330

1932 (37) 1545; 1942 Code Section 2207; 1952 Code Section 1-775; 1962 Code Section 1-775.

Code Commissioner's Note

At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.