Credit of state not to be pledged; trustees not liable on bonds.

S.C. Code Ann. § 59-123-240
in effect
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The faith and credit of the State of South Carolina shall not be pledged for the payment of the principal and interest of such bonds, and there shall be on the face of each bond a statement plainly worded, to that effect. Neither the trustees nor any other person signing the bonds shall be personally liable therefor.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t59c123.phpFetched: 10/17/2026

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