South Carolina Statutes
§ 57-5-1380 — Turnpike revenue pledged for payment of bonds.
South Carolina § 57-5-1380
This text of South Carolina § 57-5-1380 (Turnpike revenue pledged for payment of 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. § 57-5-1380 (2026).
Text
For the payment of the principal of and interest on all turnpike bonds, there is irrevocably pledged all turnpike revenues derived from the turnpike facility financed by the bonds to the extent and in the manner prescribed by the bond resolution. Any interest earned on turnpike facility account balances must be credited to the turnpike facility account.
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Legislative History
HISTORY: 1962 Code SECTION 33-220.12; 1972 (57) 3013; 1980 Act No. 449; 1985 Act No. 201, Part II, SECTION 84C.
Nearby Sections
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§ 57-5-1010
Definitions.§ 57-5-1050
Elimination of intersections.§ 57-5-1080
Permit required to open private driveway or side-road entrance or exit to primary highway.§ 57-5-1130
Penalties.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 57-5-1380, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/5/57-5-1380.