Any such obligations may be issued in one or more series, may bear such date or dates, mature at such time or times, not exceeding forty years from their respective dates, bear interest at such rate or rates, not to exceed six per cent per annum, payable semiannually, be in such denominations and in such form, be executed in such manner and be payable in such medium of payment at such place or places as such resolution may provide.
HISTORY: 1962 Code Section 51-246; 1952 Code Section 51-246; 1942 Code Section 3284-5; 1940 (41) 1785.
Structure South Carolina Code of Laws
Title 51 - Parks, Recreation and Tourism
Chapter 7 - Hunting Island, Beaufort County
Section 51-7-10. Development and regulation of Hunting Island.
Section 51-7-30. Streets and roads; water supply system.
Section 51-7-40. Recreation centers; camping areas.
Section 51-7-50. Issuance of revenue obligations.
Section 51-7-60. Terms of revenue obligations.
Section 51-7-70. Payment of revenue obligations.
Section 51-7-80. Additional rights of holders of revenue obligations.
Section 51-7-90. Revenue obligations exempt from taxes.
Section 51-7-100. Revenue obligations shall not be debts of State.
Section 51-7-110. Rates, charges and rentals; use of surplus.