All bonds issued pursuant to this chapter shall mature in such annual series or installments as the governing body shall prescribe, except that the first maturing bonds shall mature within three years from the date of the issue, and no bond shall mature later than thirty years from the date of issue.
HISTORY: 1962 Code Section 14-700.205; 1974 (58) 2681; 1984 Act No. 408, Section 2.
Structure South Carolina Code of Laws
Chapter 19 - Fire Protection Services
Section 4-19-10. Powers of governing body generally.
Section 4-19-25. Creation of fire protection districts validated.
Section 4-19-30. Conditions precedent to issuance of bonds.
Section 4-19-40. No further action required for issuance of bonds.
Section 4-19-50. Power to issue bonds.
Section 4-19-60. Maturity of bonds.
Section 4-19-70. Redemption of bonds.
Section 4-19-80. Form and negotiability of bonds; registration.
Section 4-19-90. Place of payment.
Section 4-19-100. Interest on bonds.
Section 4-19-110. Execution of bonds.
Section 4-19-120. Advertisement and sale of bonds.
Section 4-19-130. Additional security for payment of bonds.
Section 4-19-150. Bonds exempt from taxation.
Section 4-19-160. Disposition of proceeds from sale of bonds; use of balance in bond account.
Section 4-19-170. Powers to be additional and may be exercised at regular or special meeting.