South Carolina Statutes
§ 4-19-60 — Maturity of bonds.
All bonds issued pursuant to this chapter shall mature in such annual series or installments as the governing body shall prescribe, except that the first maturing bonds shall mature within three years from the date of the issue, and no bond shall mature later than thirty years from the date of issue.
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South Carolina § 4-19-60 (Maturity of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 14-700.205; 1974 (58) 2681; 1984 Act No. 408, SECTION 2.
Nearby Sections
15
§ 4-19-10
Powers of governing body generally.§ 4-19-100
Interest on bonds.§ 4-19-110
Execution of bonds.§ 4-19-120
Advertisement and sale of bonds.§ 4-19-150
Bonds exempt from taxation.§ 4-19-180
No time limit set for issuance of bonds.