There is a newer version of the South Carolina Code of Laws
2016 South Carolina Code of Laws
Title 5 - Municipal Corporations
CHAPTER 21 - FINANCIAL MATTERS GENERALLY
Section 5-21-490. Bond holder's right to require levying of taxes and to enforce covenants.
SC Code § 5-21-490 (2016) What's This?
If the municipal council shall fail to levy the taxes required to be levied or to perform the covenants undertaken in the issuance of the bonds, any holder of any of the bonds or coupons may require the levy of taxes and enforce the performance of the covenants by mandamus in any of the courts of this State.
HISTORY: 1962 Code Section 47-859; 1952 Code Section 47-859; 1951 (47) 771.
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