South Carolina Statutes
§ 11-43-600 — Interest; redemption.
Transportation infrastructure bonds shall bear interest, payable on such occasions as shall be prescribed not more than thirty years after such date. Such installments or series may be equal or unequal in amount. Transportation infrastructure bonds, in the discretion of the state board, may be made subject to redemption at par and accrued interest, plus such redemption premium as it shall approve and on such occasions as it may prescribe. Transportation infrastructure bonds are not redeemable before maturity unless they contain a statement to that effect.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 11-43-600 (Interest; redemption.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1997 Act No. 148, SECTION 2.
Nearby Sections
15
§ 11-43-110
Short title.§ 11-43-130
Definitions.§ 11-43-150
Powers of bank; limitations.§ 11-43-165
Repealed.§ 11-43-200
Exemption from taxes or assessments.§ 11-43-220
Liability.