South Carolina Statutes
§ 31-13-300 — Agreements with holders of notes or bonds not subject to future alteration.
The State pledges and agrees with the holders of any notes or bonds issued under this chapter that the State will not limit or alter the rights vested in the Authority to fulfill the terms of any agreements made with the holders thereof or in any way impair the rights and remedies of the holders until the notes or bonds, together with any action or proceedings by or on behalf of the holders, are fully met and discharged. The Authority is authorized to include this pledge and agreement of the State in any agreement with the holders of the notes or bonds.
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South Carolina § 31-13-300 (Agreements with holders of notes or bonds not subject to future alteration.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1977 Act No. 76, SECTION 12.
Nearby Sections
15
§ 31-13-10
Short title.§ 31-13-170
Definitions.§ 31-13-200
Notes and bonds.§ 31-13-210
Maximum interest rate.§ 31-13-230
Maximum amount of bonds and notes.§ 31-13-240
Information required by Bond Committee.§ 31-13-250
Rental projects authorized.§ 31-13-260
Refunding notes and bonds.§ 31-13-290
Applicability of SECTION 31-3-1630.