South Carolina Statutes
§ 6-17-50 — Refunding shall be authorized by resolution.
South Carolina·Title 6 LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS·Ch. 17 REVENUE BOND REFINANCING ACT OF 1937
The refunding shall be authorized by resolution of the governing body of the municipality. Such resolution may be adopted at a regular or special meeting and at the same meeting at which it is introduced by a majority of all the members of the governing body then in office. Such resolution shall take effect immediately upon the adoption thereof. No other proceedings or procedure of any character whatever shall be required for the issuance of refunding bonds by the municipality.
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South Carolina § 6-17-50 (Refunding shall be authorized by resolution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 59-655; 1952 Code SECTION 59-655; 1942 Code SECTION 9289; 1937 (40) 313.
Nearby Sections
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§ 6-17-10
Short title.§ 6-17-150
Sale or exchange of bonds.§ 6-17-190
Fiscal agent.§ 6-17-20
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Appointment of receiver of enterprise.§ 6-17-210
Powers and duties of receiver.