2018 South Carolina Code of Laws
Title 11 - Public Finance
CHAPTER 43 - SOUTH CAROLINA TRANSPORTATION INFRASTRUCTURE BANK ACT
Section 11-43-400. Vested rights; application of subsequent amendments to this article.

Universal Citation: SC Code § 11-43-400 (2018)

Subsequent amendments to this article may not limit the rights vested in the bank with respect to any agreements made with, or remedies available to, the holders of bonds issued under this article before the enactment of the amendments until the bonds, with all premiums and interest on them, and all costs and expenses in connection with any proceeding by or on behalf of the holders, are fully met and discharged.

HISTORY: 1997 Act No. 148, Section 2.

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