South Carolina Statutes
§ 13-1-720 — Enforceability of orders, covenants, and agreements related to bonds.
All provisions of an executive order authorizing the issuance of the bonds in accordance with this article and any covenants and agreements constitute legally binding contracts between the division and the several holders of the bonds, regardless of the time of issuance of the bonds, and are enforceable by any holder by mandamus or other appropriate action, suit, or proceeding at law or in equity in any court of competent jurisdiction.
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South Carolina § 13-1-720 (Enforceability of orders, covenants, and agreements related to bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1993 Act No. 181, SECTION 245, eff July 1, 1993.
Nearby Sections
15
§ 13-1-10
Department of Commerce established.§ 13-1-1000
Definitions.§ 13-1-1030
County-commission district overlap; consecutive terms; two commissioners from same county.§ 13-1-1060
Oath of office.§ 13-1-1080
Appointment of executive director.§ 13-1-1110
Organization and objectives of division.§ 13-1-1310
Division of Public Railways created.§ 13-1-1320
Definitions.§ 13-1-1330
Powers and duties of director of division.