South Carolina Statutes
§ 49-17-1360 — Terms of bonds.
South Carolina·Title 49 WATERS, WATER RESOURCES AND DRAINAGE·Ch. 17 DRAINAGE OR LEVEE DISTRICTS UNDER 1911 ACT
The bonds shall bear interest at a rate not exceeding six per cent per annum, payable semiannually. The bonds shall be payable at a time not less than ten nor more than twenty-five years after their issue and shall be paid up in full at maturity.
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South Carolina § 49-17-1360 (Terms of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 18-296; 1952 Code SECTION 18-206; 1942 Code SECTION 6129; 1932 Code SECTION 6129; Civ. C. '22 SECTION 3183; Civ. C. '12 SECTION 2229; 1911 (27) 92; 1917 (30) 335; 1918 (30) 767.
Nearby Sections
15
§ 49-17-1010
Notice of letting contract for improvement.§ 49-17-1020
Letting contract; rejection of bids.§ 49-17-1030
Contract and bond of successful bidder.§ 49-17-1050
Land needed but not affected may be condemned.§ 49-17-1080
Work of crossing railroad right of way.§ 49-17-1090
Bill of expenses of railroad company.§ 49-17-1100
Outlet for lateral drains.§ 49-17-1110
Joining with border state in work.§ 49-17-1130
Failure of contractor; reletting contract.§ 49-17-1140
Payment for work done.