South Carolina § 59-119-580 Enforcement of provisions of resolution.

South Carolina Statutes

§ 59-119-580 — Enforcement of provisions of resolution.

South Carolina·Title 59 EDUCATION·Ch. 119 CLEMSON UNIVERSITY

All provisions of a resolution authorizing or providing for the issuance of the bonds in accordance with Section 59-119-520 and of such covenants and agreements shall constitute valid and legally binding contracts between the university and the several holders of the bonds, regardless of the time of issuance of such bonds, and shall be enforceable by any such holder or holders by mandamus or other appropriate action, suit or proceeding at law or in equity in any court of competent jurisdiction.

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All provisions of a resolution authorizing or providing for the issuance of the bonds in accordance with Section 59-119-520 and of such covenants and agreements shall constitute valid and legally binding contracts between the university and the several holders of the bonds, regardless of the time of issuance of such bonds, and shall be enforceable by any such holder or holders by mandamus or other appropriate action, suit or proceeding at law or in equity in any court of competent jurisdiction.

South Carolina § 59-119-580 (Enforcement of provisions of resolution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.