reglab/housing_qa huggingface dataset:
SC Code § 44-7-1340 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1340. Financial affairs.

 Any such commission may provide for such compensation as may be necessary or advisable for the payment of any of its employees and officers in the conduct and management of the hospital, together with the expenses of the hospital, with authority to make such repairs or alterations from time to time as may be necessary and to construct or cause to be constructed or erected such additional buildings as may be necessary or advisable, all of which shall be paid for solely from the income of the hospital, which the commission may use for such purposes. The commission may accept gifts or legacies for the benefit of the hospital. But the commission may not bind the city to any obligation for the payment of any expenses in connection with the management, operation or construction of the hospital or for repairs, new buildings, construction or otherwise without first obtaining the consent and approval of the city council and shall incur no obligations that shall bind the city or city council in any way without first obtaining the consent thereto of such city council.  HISTORY: 1962 Code Section 32-874; 1952 Code Section 32-874; 1942 Code Section 7528-11; 1936 (39) 1358, 1375.
SC Code § 44-7-1410 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1410. Short title.

 This article may be referred to and cited as the "Hospital Revenue Bond Act."  HISTORY: 1962 Code Section 32-798.1; 1973 (58) 654.
SC Code § 44-7-1420 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1420. Declaration of purpose.

 It is hereby declared to be the policy of the State of South Carolina to promote the public health and welfare by providing means for the financing, refinancing, acquiring, enlarging, improving, constructing, equipping, and providing of hospital facilities to serve the people of the State and to make accessible to them modern and efficient hospital facilities at the lowest possible expense to those utilizing such hospital facilities.  The General Assembly hereby finds and declares that:  (1) There is a need to overcome existing and anticipated physical and technical obsolescence of existing hospital facilities, to provide additional modern and efficient hospital facilities in the State and to provide assistance to the extent herein provided in order that such hospital facilities may be made available at the lowest possible expense.  (2) Unless measures are adopted to alleviate such need, the shortage of such facilities will become increasingly more urgent and serious; and  (3) In order to meet such shortage and thereby promote the public health and welfare of the people of the State, it is necessary that assistance be afforded in the providing of adequate, modern and efficient hospital facilities in the State so that health and hospital care and services may be expanded, improved and fostered to the fullest extent practicable at the lowest possible expense.  (4) It is the purpose of this article to empower the governing bodies of the several counties of the State under the terms and conditions of this article to finance the acquisition, enlargement, improvement, construction, equipping and providing of such hospital facilities to the end that the public health and welfare of the people of the State will be promoted at the least possible expense to those utilizing such hospital facilities so provided. In this connection, such governing bodies shall function under the guidance of the State Fiscal Accountability Authority of South Carolina and the Department of Health and Environmental Control and shall be vested with all powers necessary to enable them to accomplish the purposes of this article, which powers shall be in all respects exercised for the benefits of the inhabitants of the State and to promote the public health and welfare of its citizens.  It is specifically found and declared that all action taken by any county in carrying out the purposes of this article will perform an essential governmental function.  HISTORY: 1962 Code Section 32-798; 1973 (58) 654.
SC Code § 44-7-1450 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1450. Issuance, execution, and terms of bonds; bond anticipation notes.

 All bonds issued by a county board under authority of this article shall be limited obligations of its county, the principal, interest and redemption premiums, if any, on which shall be payable solely out of the moneys to be derived by such county pursuant to the loan agreement relating to the hospital facilities which the bonds are issued to finance (or refinance). Bonds and interest coupons issued under authority of this article shall never constitute an indebtedness of such county within the meaning of any State constitutional provision or statutory limitation and shall never constitute nor give rise to a pecuniary liability of the county or a charge against its general credit or taxing powers, and such fact shall be plainly stated on the face of each bond. Such bonds may be executed and delivered at any time as a single issue or from time to time as several issues, may be in such form and denominations, may be of such tenor, may be in registered or bearer form either as to principal or interest or both, may be payable in such installments and at such time or times not exceeding forty years from their date, may be subject to such terms of redemption, may be payable at such place or places, may have such conversion provision, may bear interest at such rate or rates (without regard to the limitations of Section 11-9-350 which shall not apply to any bonds) as the county board shall provide without limitation, may be payable at such place or places and evidenced in such manner, and may contain such provisions not inconsistent herewith, all of which shall be provided in the proceedings of the county board authorizing the bonds.  Any bonds issued under the authority of this article may be sold at public or private sale at such price and in such manner and from time to time as may be determined by the county board to be most advantageous, and the county board may pay, as a part of the cost of financing (or refinancing) any hospital facilities and out of the bond proceeds, all expenses, premiums and commissions which the county board may deem necessary or advantageous in connection with the authorization, sale and issuance thereof. All bonds issued under the authority of this article, except registered bonds which are registered otherwise than to bearer, and all interest coupons appurtenant thereto shall be construed to be negotiable instruments, despite the fact that they are payable solely from a specified source. The proceedings authorizing the issuance of bonds may provide for the issuance, in the future, of further bonds on a parity with those initially issued.  Pending the issuance of bonds, bond anticipation notes may be issued, and to the end that a vehicle be provided therefor, the provisions of Sections 11-17-10 to 11-17-110, as now or hereafter amended, shall be applicable to such bond anticipatory borrowing.  HISTORY: 1962 Code Section 32-798.4; 1973 (58) 654.
SC Code § 44-7-1460 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1460. Pledge of revenues to secure bonds; proceedings authorizing bonds.

 The principal, interest and premium, if any, on any bonds shall be secured by a pledge of the revenues payable to the county pursuant to the loan agreement relating to the hospital facilities financed out of the bond proceeds and any bonds may be issued pursuant to a trust indenture, which may constitute a mortgage lien.  The proceedings under which bonds are authorized to be issued or any loan agreement or trust indenture may contain any agreements and provisions customarily contained in instruments providing for the issuance of, or securing bonds, including, without limiting the generality of the foregoing, provisions respecting the fixing and collection of the sums payable by the hospital agency or public agency to the county pursuant to the loan agreement, the maintenance and insurance of the hospital facilities, the creation and maintenance of special funds by the hospital agency or public agency, and the rights and remedies available in the event of default to the bondholders or to the trustee under such trust indenture, all as the county board shall deem advisable. Provided, however, that in making such agreement or provisions no county shall have the power to obligate itself except with respect to any security pledged, mortgaged or otherwise made available for the securing of the bonds, and the application of the revenues from the loan agreement, and shall not have the power to incur a pecuniary liability or a charge upon its general credit or against its taxing powers.  The proceedings authorizing any bonds hereunder and any trust indenture in connection therewith, may provide that in the event of default in payment of the principal of or the interest on such bonds or in the performance of any agreement contained in such proceedings or trust indenture, such payment and performance may be enforced by mandamus or by the appointment of a receiver in equity with such powers as may be necessary to enforce the obligations thereof. No breach of any such agreement shall impose any pecuniary liability upon the county or any charge upon its general credit or against its taxing power.  The trustee or trustees under any trust indenture, or any depository specified by such trust indenture, may be such person or corporations as the county board shall designate, notwithstanding that they may be nonresidents of South Carolina or incorporated under the laws of the United States or the laws of other states of the United States.  HISTORY: 1962 Code Section 32-798.5; 1973 (58) 654.
SC Code § 44-7-1470 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1470. Contracts for construction of hospital facilities.

 Contracts for the construction of any hospital facilities may be let on such terms and under such conditions as the county board and the hospital agency or public agency may agree upon and may be let with or without advertisement or call for bids.  HISTORY: 1962 Code Section 32-798.6; 1973 (58) 654.
SC Code § 44-7-1480 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1480. Criteria to be considered by county boards in undertaking hospital facilities.

 In undertaking any hospital facilities pursuant to this article, the county board shall be guided by and shall observe the following criteria and requirements; provided, that the determination of the county board as to its compliance with such criteria and requirements shall be final and conclusive, subject only to challenge as provided in Section 44-7-1590:  (a) There is a need for the hospital facilities in the area in which the hospital facilities are to be located.  (b) No hospital facilities shall be provided for any hospital agency or public agency which is not financially responsible and capable of fulfilling its obligations under the loan agreement, including the obligations to make the payments required thereunder, to operate, repair and maintain at its own expense the hospital facilities and to discharge such other responsibilities as may be imposed under the loan agreement.  (c) Adequate provision shall be made for the payment of the principal of and the interest on the bonds and any necessary reserves therefor and for the operation, repair and maintenance of the hospital facilities at the expense of the hospital agency or public agency.  (d) The public facilities, including utilities, and public services necessary for the hospital facilities will be made available.  HISTORY: 1962 Code Section 32-798.7; 1973 (58) 654.
SC Code § 44-7-1490 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1490. Approval of construction or other work on facilities required.

 The county board shall not undertake the acquisition, construction, expansion, equipping or financing of any hospital facilities unless and until such approval of the Department of Health and Environmental Control for such undertaking as may be required under Article 3, Chapter 7, Title 44, shall have been obtained.  HISTORY: 1962 Code Section 32-798.8; 1973 (58) 654.
SC Code § 44-7-1500 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1500. Public agencies authorized to enter into loan agreements with county board.

 For the purposes of this article, public agencies are authorized and empowered to enter into loan agreements (including agreements of lease) with any county board to facilitate the financing, acquiring, constructing, improving, enlarging, expanding, equipping, providing, operating and maintaining of hospital facilities and pursuant to any such loan agreement to operate, repair and maintain any hospital facilities and to pay the cost thereof from any funds available for such purpose and the payments required therefor.  HISTORY: 1962 Code Section 32-798.9; 1973 (58) 654.
SC Code § 44-7-1510 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1510. Investigations, studies, and other reviews by county board.

 The county board is authorized to make or cause to be made such investigations, surveys, studies, reports and reviews as in its judgment are necessary and desirable to determine the feasibility and desirability of the hospital facilities, the extent to which the hospital facilities will contribute to the health and welfare of the area in which they will be located, the powers, experience, background, financial condition, record of service and capability of the management of the hospital agency or public agency involved, the extent to which the hospital facilities otherwise conform to the criteria and requirements of this article, and such other factors as may be deemed relevant or convenient in carrying out the purposes of this article.  HISTORY: 1962 Code Section 32-798.10; 1973 (58) 654.
SC Code § 44-7-1520 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1520. Provisions in loan agreement for completion of facilities, payments, and additional bonds.

 Every loan agreement shall contain a covenant obligating the hospital agency or public agency to effect the completion of the hospital facilities if the proceeds of the bonds prove insufficient, and each such loan agreement shall obligate the hospital agency or public agency to make payments which shall be sufficient (a) to pay the principal of and interest on the bonds issued for such hospital facilities, (b) to build up and maintain any reserves deemed by the county board to be advisable in connection therewith, and (c) to pay the costs of maintaining the hospital facilities in good repair and the cost of keeping it properly insured. The loan agreement may provide for the issuance of additional parity bonds as required in order to complete the hospital facility.  HISTORY: 1962 Code Section 32-798.11; 1973 (58) 654.
SC Code § 44-7-1530 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1530. Provision in loan agreement for payments in lieu of taxes.

 Every loan agreement made with a hospital agency which shall be a corporation created for profit, pursuant to which a public agency shall have acquired title to any hospital facilities, shall contain a provision requiring such hospital agency to make payments to the county or counties, school district or school districts, and other political units wherein the hospital facilities shall be located, in lieu of taxes, in such amounts as would result from taxes levied on the hospital facilities by such county or counties, school district or school districts, and other political unit or units, if the hospital facilities were owned by the hospital agency which is a corporation for profit, but with appropriate reductions similar to the tax exemptions, if any, which would be afforded to the hospital agency if it were the owner of the hospital facilities.  HISTORY: 1962 Code Section 32-798.12; 1973 (58) 654.
SC Code § 44-7-1540 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1540. Additional provisions in loan agreement; guarantee agreement.

 Any loan agreement may provide that the hospital facilities will be owned by the county and leased to the hospital agency or public agency, may provide the hospital agency or public agency with an option to purchase the hospital facility upon such terms and conditions as the county board and the hospital agency or public agency shall agree upon at a price which may be a nominal amount or less than the true value at the time of purchase, or may provide that the hospital facilities shall become the property of the hospital agency or public agency upon the acquisition thereof. In connection with any loan agreement, any county board may obtain and enter into a guaranty agreement whereby a party other than the hospital agency or public agency guarantees in whole or in part the obligations of the hospital agency or public agency under the loan agreement upon such terms and conditions as the county board may deem appropriate.  HISTORY: 1962 Code Section 32-798.13; 1973 (58) 654.
SC Code § 44-7-1550 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1550. Use of proceeds from sale of bonds.

 The proceeds from the sale of any bonds issued under authority of this article shall be applied only for the purpose for which the bonds were issued; provided, however, that any premium and accrued interest received in any such sale shall be applied to the payment of the principal of or the interest on the bonds sold; and provided, further, that if for any reason any portion of the proceeds shall not be needed for the purpose for which the bonds were issued, such unneeded portion of the proceeds shall be applied to the payment of the principal of or interest on the bonds.  HISTORY: 1962 Code Section 32-798.14; 1973 (58) 654.
SC Code § 44-7-1570 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1570. Bonds as legal investments.

 It shall be lawful for all executors, administrators, guardians, committees and other fiduciaries to invest any moneys in their hands in bonds issued under the provisions of this article.  HISTORY: 1962 Code Section 32-798.16; 1973 (58) 654.
SC Code § 44-7-1580 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1580. Exemption from taxation.

 The bonds authorized by this article and the income therefrom, all trust indentures and mortgages executed as security therefor, all loan agreements (including agreements of lease) made pursuant to the provisions hereof, and the revenues derived from any loan agreement thereof shall be exempt from all taxation in the State of South Carolina except for inheritance, estate or transfer taxes; and all trust indentures, mortgages and loan agreements made pursuant to the provisions of this article shall be exempt from South Carolina stamp and transfer taxes.  HISTORY: 1962 Code Section 32-798.17; 1973 (58) 654.
SC Code § 44-7-1590 (2021)
2021 South Carolina Code of Laws|Title 44 - Health|Chapter 7 - Hospitals, Tuberculosis Camps And Health Services Districts|Section 44-7-1590. Procedure for approval by Authority of issuance of bonds.

 (A) No bonds may be issued pursuant to the provisions of this article until the proposal of the county board to issue the bonds receives the approval of the authority. Whenever a county board proposes to issue bonds pursuant to the provisions of this article, it shall file its petition with the authority setting forth:  (1) a brief description of the hospital facilities proposed to be undertaken and the refinancing or refunding proposed;  (2) a statement setting forth the action taken by the Department of Health and Environmental Control in connection with the hospital facilities;  (3) a reasonable estimate of the cost of hospital facilities;  (4) a general summary of the terms and conditions of the proposed loan agreement; and  (5) such other information as the authority requires.  (B) Upon the filing of the petition the authority, as soon as practicable, shall conduct the review as it considers advisable, and if it finds that the proposal of the governing board is intended to promote the purposes of this article, it is authorized to approve the proposal. At any time following the approval, the county board may proceed with the issuance of the bonds in accordance with the proposal as approved by the authority. Notice of the approval of the proposal by the authority must be published at least once by the authority in a newspaper having general circulation in the county where the hospital facilities are or are to be located. The notice must set forth the action taken by the county board pursuant to Section 44-7-1480 and the action taken by the Department of Health and Environmental Control pursuant to Section 44-7-1490.  (C) Any interested party, within twenty days after the date of the publication of the notice, but not afterwards, may challenge the action so taken by the authority, the county board, or the Department of Health and Environmental Control, by action de novo in the court of common pleas in any county where the hospital facilities are to be located.  HISTORY: 1962 Code Section 32-798.18; 1973 (58) 654; 1994 Act No. 426, Section 2.