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2021 South Carolina Code of Laws
Title 13 - Planning, Research and Development
Chapter 12 - Trident Economic Development Finance Authority
Section 13-12-160. Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.
Universal Citation:
SC Code § 13-12-160 (2021)
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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 1, eff September 1, 1992; 1992 Act No. 518, Section 1, eff September 2, 1992.
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