South Carolina Statutes
§ 59-130-240 — Revenue bonds.
South Carolina § 59-130-240
This text of South Carolina § 59-130-240 (Revenue bonds.) 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. § 59-130-240 (2026).
Text
Revenue bonds may be issued in one or more series, may bear such date or dates, may mature at such time or times, not exceeding forty years from their respective dates, may bear interest at such rate or rates, may be payable in such medium of payment and at such place or places, may be in such denomination or denominations, may be in such form, either coupon or registered, may carry such registration privileges, may be subject to such terms of redemption before maturity, with or without premium, and may contain such terms, covenants, and conditions as the resolution authorizing the issuance of the bonds may provide. The bonds must be fully negotiable within the meaning of and for all the purposes of the Uniform Commercial Code.
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Legislative History
HISTORY: 1992 Act No. 350, SECTION 1.
Nearby Sections
15
§ 59-130-10
Board of trustees.§ 59-130-20
Compensation of board members.§ 59-130-210
"Equipment" defined.§ 59-130-220
Authority to issue revenue bonds.§ 59-130-240
Revenue bonds.§ 59-130-250
Bonds exempt from taxes.§ 59-130-260
Bonds to be signed.§ 59-130-270
Sale of bonds.§ 59-130-30
Powers of board.§ 59-130-35
Authorization to sell Remley's Point; use of certain appropriated funds; use of proceeds from sale.§ 59-130-40
Meetings of board.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-130-240, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/130/59-130-240.