S.C. Code § 6-21-130
Option or contract of purchase
South Carolina · South Carolina Code Title 6, Chapter 21 — Revenue Bond Act for Utilities · Status: effective
Cite this
- Citation
- S.C. Code § 6-21-130, Option or contract of purchase, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1566427
- Permanent ID
ys:prov:1566427@1- SHA-256
77cbc99ea398fcebfad751f2a1dbe1a2577ac92d0b551a99509234ade9ac4a6f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
In the event of the acquisition by purchase the governing body may obtain and exercise an option from the owner of the property for the purchase thereof and may enter into a contract for the purchase thereof. Any such purchase may be made upon such terms and conditions and in such manner as the governing body may deem proper. But the exercise of an option to purchase or the entry into a contract for such purchase shall in no event bind or obligate the municipality or create any debt, liability or claim except such as may be paid from the funds provided under the authority of this chapter.