South Carolina Statutes

§ 11-15-30 — Bonds incontestable from twenty days after filing and indexing.

South Carolina·Title 11 PUBLIC FINANCE·Ch. 15 BONDS OF POLITICAL SUBDIVISIONS
No action shall be commenced on account of the issuance of any such bonds after the expiration of twenty days from the date of the filing and indexing of such records as prescribed by SECTIONS 11-15-10 and 11-15-20, and such bonds so issued, when in the hands of a bona fide purchaser for value, shall be incontestable, but the period within which such actions may be commenced shall not begin to run until such records have been filed as herein prescribed.

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Legislative History

HISTORY: 1962 Code SECTION 1-645; 1952 Code SECTION 1-645; 1942 Code SECTION 8892; 1932 Code SECTION 8892; Civ. C. '22 SECTION 5322; 1916 (29) 922; 1917 (30) 166; 1918 (30) 779; 1967 (55) 491.

Nearby Sections

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