South Carolina Statutes

§ 57-5-1380 — Turnpike revenue pledged for payment of bonds.

South Carolina § 57-5-1380
JurisdictionSouth Carolina
Title 57HIGHWAYS, BRIDGES AND FERRIES
Ch. 5STATE HIGHWAY SYSTEM

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.

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Bluebook (online)
South Carolina § 57-5-1380, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/5/57-5-1380.