South Carolina Statutes
§ 31-3-550 — Foreclosure frees projects from restrictions.
Nothing contained in this chapter and Chapter 11 shall be construed as limiting the power of an authority to vest in an obligee the right, in the event of a default by the authority, to take possession of a housing project or cause the appointment of a receiver thereof, free from all the restrictions imposed by this chapter and Chapter 11.
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South Carolina § 31-3-550 (Foreclosure frees projects from restrictions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 36-136; 1952 Code SECTION 36-136; 1942 Code SECTION 5271-42; 1937 (40) 431; 1938 (40) 1819; 1951 (47) 529.
Nearby Sections
15
§ 31-3-10
Short title.§ 31-3-1010
Area of operation.§ 31-3-1020
Increase of area of operation.§ 31-3-1050
Effect of increase of area of operation on property, obligations, and the like of county authority.§ 31-3-1060
Decrease of area of operation.§ 31-3-1070
Consent of all holders of evidences of indebtedness prerequisite to decrease of area of operation.§ 31-3-1110
Assumption of obligations by county of regional authority disclosed subsequent to withdrawal.§ 31-3-1130
Disposition of property in excluded county.