South Carolina Statutes
§ 11-37-130 — Purchase of outstanding bonds.
South Carolina § 11-37-130
This text of South Carolina § 11-37-130 (Purchase of outstanding bonds.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 11-37-130 (2026).
Text
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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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.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 11-37-130, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/37/11-37-130.