2013 South Carolina Code of Laws
Title 13 - Planning, Research and Development
CHAPTER 19 - MIDLANDS AUTHORITY
SECTION 13-19-120. 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.
HISTORY: 1992 Act No. 515, Section 4, eff July 1, 1992.
Disclaimer: These codes may not be the most recent version. South Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
