Subsequent amendments to this chapter may not limit the rights vested in the authority with respect to agreements made with, or remedies available to, the holders of bonds issued under this chapter before the enactment of the amendments until the bonds, with all premiums and interest on them, and all costs and expenses in connection with the proceeding by or on behalf of the holders, are fully met and discharged.
HISTORY: 1992 Act No. 513, Section 3.
Structure South Carolina Code of Laws
Title 48 - Environmental Protection and Conservation
Chapter 5 - South Carolina Water Quality Revolving Fund Authority Act
Section 48-5-40. Powers of authority.
Section 48-5-50. Continuation of existing fund; deposits to fund; use of funds.
Section 48-5-55. Drinking Water Revolving Loan Fund; deposits; use of funds.
Section 48-5-60. Authority of Department of Health and Environmental Control.
Section 48-5-110. Requirements for bonds; security for bonds.
Section 48-5-130. Subsequent amendments not to affect prior agreements or vested rights.
Section 48-5-150. Bonds as legal investments; bonds as securities.