South Carolina Statutes
§ 11-37-130 — Purchase of outstanding bonds.
The authority, subject to agreements with bondholders as may then exist, may purchase outstanding bonds of the authority with any available funds, at any reasonable price. If the bonds are then redeemable, the price shall not exceed the redemption price then applicable plus accrued interest to the next interest payment date.
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South Carolina § 11-37-130 (Purchase of outstanding bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1988 Act No. 682, SECTION 2.
Nearby Sections
15
§ 11-37-10
Citation of chapter.§ 11-37-110
Trust indenture.§ 11-37-130
Purchase of outstanding bonds.§ 11-37-170
Capital reserve funds.§ 11-37-180
Purchase of local obligations.§ 11-37-190
State grants.§ 11-37-20
Definitions.§ 11-37-210
Tax exempt status of authority.