South Carolina Statutes
§ 6-11-190 — Terms and amount of bonds.
South Carolina·Title 6 LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS·Ch. 11 SPECIAL PURPOSE OR PUBLIC SERVICE DISTRICTS GENERALLY
Such bonds shall be issued serially and the last of them shall mature not more than forty years from the date of issue, to bear a rate of interest not to exceed six percent per annum payable semiannually at some place in the State or the office of some banking or trust company in the city of New York to be selected by the commissioners. The amount of the bonds to be issued shall be determined by the commissioners of the districts.
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South Carolina § 6-11-190 (Terms and amount of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 59-617; 1952 Code SECTION 59-617; 1942 Code SECTION 8555-135; 1934 (38) 1292; 1966 (54) 2384.
Nearby Sections
15
§ 6-11-1000
Bonds exempt from taxes.§ 6-11-101
Hospital districts; powers.§ 6-11-1010
Disposition of proceeds of bonds.§ 6-11-1040
Certain bond issues validated.§ 6-11-1050
Issuance of additional revenue bonds.§ 6-11-120
Filing of plat of district.§ 6-11-1210
Declaration of purpose.§ 6-11-1220
Definitions.§ 6-11-1230
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