All provisions of a resolution authorizing or providing for the issuance of the bonds in accordance with Section 59-130-440 and of the covenants and agreements constitute valid and legally binding contracts between the university and the several holders of the bonds, regardless of the time of issuance of the bonds, and are enforceable by the holder or holders by mandamus or other appropriate action, suit, or proceeding at law or in equity in any court of competent jurisdiction.
HISTORY: 2004 Act No. 173, Section 1, eff February 18, 2004.
Structure South Carolina Code of Laws
Chapter 130 - The College Of Charleston
Section 59-130-10. Board of trustees.
Section 59-130-20. Compensation of board members.
Section 59-130-30. Powers of board.
Section 59-130-40. Meetings of board.
Section 59-130-50. Authority to sell or lease donated real property.
Section 59-130-60. Board authority to enter ground lease agreements.
Section 59-130-210. "Equipment" defined.
Section 59-130-220. Authority to issue revenue bonds.
Section 59-130-230. Procedure for authorizing issuance of revenue bonds; contents of resolution.
Section 59-130-240. Revenue bonds.
Section 59-130-250. Bonds exempt from taxes.
Section 59-130-260. Bonds to be signed.
Section 59-130-270. Sale of bonds.
Section 59-130-280. Board to file description of obligations entered with State Treasurer.
Section 59-130-300. Repayment of bonds; bonds not obligations of state.
Section 59-130-410. Short title.
Section 59-130-420. Definitions.
Section 59-130-430. Authority to issue bonds; purpose.
Section 59-130-440. Resolution authorizing issuance of bonds; contents.
Section 59-130-450. Bond provisions as to maturity, interest, redemption, etc.; negotiability.
Section 59-130-460. Tax exempt status.
Section 59-130-480. Sale of bonds.
Section 59-130-510. Repayment of bonds; bonds not obligation of state or signator of bond.