South Carolina § 13-19-110 Description of financial obligations to be filed with State Treasurer.

South Carolina Statutes

§ 13-19-110 — Description of financial obligations to be filed with State Treasurer.

South Carolina·Title 13 PLANNING, RESEARCH AND DEVELOPMENT·Ch. 19 MIDLANDS AUTHORITY

The board of the authority or its proper administrative officers shall file with the State Treasurer within thirty days from the date of their issuance a complete description of all obligations entered into by the board with the rates of interest, maturity dates, annual payments, and all pertinent data.

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Legislative History

HISTORY: 1992 Act No. 515, SECTION 4, eff July 1, 1992. SECTION 13-19-120. Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability. All provisions of a resolution authorizing the issuance of the bonds in accordance with this chapter and any covenants and agreements constitute legally binding contracts between the authority and the several holders of the bonds, regardless of the time of issuance of the bonds, and are enforceable by any holder by mandamus or other appropriate action, suit, or proceeding at law or in equity in any court of competent jurisdiction. HISTORY: 1992 Act No. 515, SECTION 4, eff July 1, 1992.