Under the revenue bond refinancing act, in the case of a municipality providing hospital, nursing home, or care facilities, the municipality may utilize the provisions of Section 44-7-60 to secure payment on any indebtedness purchased by any federal agency or any indebtedness guaranteed by any federal agency.
HISTORY: 2010 Act No. 199, Section 2, eff upon approval (became law without the Governor's signature on June 1, 2010).
Structure South Carolina Code of Laws
Chapter 17 - Revenue Bond Refinancing Act Of 1937
Section 6-17-40. Combination of projects.
Section 6-17-50. Refunding shall be authorized by resolution.
Section 6-17-60. Terms and form of refunding bonds.
Section 6-17-70. Provisions permissible in resolution authorizing issue of bonds.
Section 6-17-80. Exemption from certain taxes.
Section 6-17-90. Lien of bonds on revenues and other security.
Section 6-17-95. Municipalities providing hospital, nursing home, or care facilities; mortgages.
Section 6-17-100. Holders of refunding bonds may be given rights and remedies of owners.
Section 6-17-110. All refunding bonds shall be ratably secured.
Section 6-17-120. Liability of funds other than pledged revenue of municipality on refunding bonds.
Section 6-17-130. Execution by former officers shall be valid.
Section 6-17-150. Sale or exchange of bonds.
Section 6-17-160. Purposes for which refunding bonds may be exchanged; payment of accrued interest.
Section 6-17-170. Manner in which refunding bonds shall be sold.
Section 6-17-180. Duties of municipality and officers, agents and employees.
Section 6-17-190. Fiscal agent.
Section 6-17-200. Appointment of receiver of enterprise.
Section 6-17-210. Powers and duties of receiver.
Section 6-17-220. Receiver shall be subject to court orders.
Section 6-17-230. Receiver shall not sell or otherwise dispose of property.
Section 6-17-240. Discharge of receiver.
Section 6-17-250. Rights and remedies of holders of bonds.
Section 6-17-260. Remedies shall be cumulative.
Section 6-17-270. Effect of waiver or delay in invoking remedy.
Section 6-17-280. Effect of abandonment or loss of suit.
Section 6-17-290. Compliance with chapter shall be sufficient for issuance of bonds.
Section 6-17-300. Debts of municipality are not authorized.
Section 6-17-310. Existing rights shall not be impaired by chapter.
Section 6-17-320. Chapter is supplemental and shall be liberally construed.