South Carolina Statutes
§ 4-19-70 — Redemption of bonds.
Any bond issued pursuant to this chapter may be issued with a provision permitting its redemption prior to its stated maturity, at par and accrued interest, plus such redemption premium as may be prescribed by the governing body, but no bond is redeemable prior to its stated maturity unless it contains a statement to that effect. In the proceedings authorizing the issuance of such bonds, provision must be made specifying the manner of call and the notice thereof that must be given as to bonds redeemable prior to their stated maturities.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 4-19-70 (Redemption of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 14-700.206; 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.