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.
Structure South Carolina Code of Laws
Title 13 - Planning, Research and Development
Chapter 19 - Midlands Authority
Section 13-19-20. Board officers; committees; meetings; quorum.
Section 13-19-30. Rights and powers of board.
Section 13-19-35. Area in which authority may exercise powers and duties.
Section 13-19-50. Resolution by board authorizing issuance of revenue bonds.
Section 13-19-60. Terms and particulars pertaining to bonds.
Section 13-19-80. Bond issue approval; proposal; disposition of proposal.
Section 13-19-90. Signature and attestation of bonds and interest coupons.
Section 13-19-110. Description of financial obligations to be filed with State Treasurer.
Section 13-19-140. Investment of funds by state treasurer; net earnings.
Section 13-19-150. Carryover of unexpended funds from year to year.
Section 13-19-180. Regulations promulgated by authority to be in accord with Title 1, Chapter 23.
Section 13-19-200. Tax exemption of authority property; payment in lieu of taxes.