S.C. Code § 13-12-160

Current through 2024 Act No. 225.

Section 13-12-160 - Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability

All provisions of a resolution authorizing the issuance of the bonds in accordance with this chapter and any covenants and agreements constitute legally binding contracts between the authority and the several holders of the bonds, regardless of the time of issuance of the bonds, and are enforceable by any holder by mandamus or other appropriate action, suit, or proceeding at law or in equity in any court of competent jurisdiction.

S.C. Code § 13-12-160

1992 Act No. 518, Section 1, eff 9/2/1992; 1992 Act No. 515, Section 1, eff 9/1/1992.