South Carolina § 55-11-390 Obligations not to be impaired.

South Carolina Statutes

§ 55-11-390 — Obligations not to be impaired.

South Carolina § 55-11-390

Title 55AERONAUTICS

Ch. 11PARTICULAR AIRPORTS

This text of South Carolina § 55-11-390 (Obligations not to be impaired.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 55-11-390 (2026).

Text

So long as the district shall be indebted to any person, firm or corporation on any bonds, notes, or other obligations issued pursuant to the authority of this article, provisions of this article and the powers granted to the district and the commission shall not be in any way diminished and the provisions of this article shall be deemed a part of the contract between the district and the holders of such obligations.

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So long as the district shall be indebted to any person, firm or corporation on any bonds, notes, or other obligations issued pursuant to the authority of this article, provisions of this article and the powers granted to the district and the commission shall not be in any way diminished and the provisions of this article shall be deemed a part of the contract between the district and the holders of such obligations.

Legislative History

HISTORY: 1962 Code SECTION 2-390.20; 1961 (52) 53; 1962 (52) 1660; 2012 Act No. 270, SECTION 5, eff June 18, 2012. Effect of Amendment The 2012 amendment made nonsubstantive changes.