South Carolina § 13-12-160 Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.

South Carolina Statutes

§ 13-12-160 — Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.

South Carolina·Title 13 PLANNING, RESEARCH AND DEVELOPMENT·Ch. 12 TRIDENT ECONOMIC DEVELOPMENT FINANCE AUTHORITY

All provisions of a resolution authorizing the issuance of the bonds in accordance with this chapter and any covenants and agreements constitute legally binding contracts between the authority 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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All provisions of a resolution authorizing the issuance of the bonds in accordance with this chapter and any covenants and agreements constitute legally binding contracts between the authority 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.

South Carolina § 13-12-160 (Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.