Home/South Carolina/Statutes/Title 11: PUBLIC FINANCE/Ch. 40: SOUTH CAROLINA INFRASTRUCTURE FACILITIES AUTHORITY ACT/§ 11-40-150
South Carolina Statutes

§ 11-40-150 — Bonds made negotiable instruments.

South Carolina § 11-40-150
JurisdictionSouth Carolina
Title 11PUBLIC FINANCE
Ch. 40SOUTH CAROLINA INFRASTRUCTURE FACILITIES AUTHORITY ACT

This text of South Carolina § 11-40-150 (Bonds made negotiable instruments.) 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. § 11-40-150 (2026).

Text

Whether or not the bonds of the authority are of such form and character as to be negotiable instruments, the bonds are made negotiable instruments within the meaning of and for all the purposes of the law of this State.

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Legislative History

HISTORY: 1994 Act No. 525, SECTION 2.

Nearby Sections

15
§ 11-40-10
Short Title.
§ 11-40-100
Authority to pledge revenues, funds, or loan obligations to secure bonds.
§ 11-40-110
Bonds not debt or pledge of faith and credit of State or its political subdivisions other than the authority; statements to be contained on bonds.
§ 11-40-120
Bonds to be authorized by resolution; requirements for bonds.
§ 11-40-130
Trust indenture for securing bonds; provisions of bond resolution or trust indenture; bonds primarily secured by pool of obligations.
§ 11-40-140
Validity of pledge by authority; lien of pledge.
§ 11-40-150
Bonds made negotiable instruments.
§ 11-40-160
Bonds and income from bonds exempt from taxes and assessments.
§ 11-40-170
Bonds of authority made securities.
§ 11-40-180
Offer, sale, or issuance of bonds, notes, or other obligations not subject to regulation under Chapter 1, Title 35.
§ 11-40-190
Pledge of State not to impair rights and remedies of bondholders.
§ 11-40-20
South Carolina Infrastructure Facilities Authority; creation; membership; purpose.
§ 11-40-200
Defaults by local governments; withholding of state funds; exceptions.
§ 11-40-210
Authority members, officers, or employees not subject to liability.
§ 11-40-220
Additional notices, proceedings, or publications not required; not subject to referendum.
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Bluebook (online)
South Carolina § 11-40-150, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/40/11-40-150.