South Carolina Code of Laws
Chapter 23 - Joint Municipal Electric Power And Energy Act
Section 6-23-190. Bonds and interest coupons designated investment securities.

Whether or not the bonds and interest coupons appertaining hereto are of such form and character as to be investment securities under Chapter 8, of Title 36 of the 1976 Code, all bonds and interest coupons appertaining thereto issued under this chapter are hereby made investment securities within the meaning of and for all the purposes of Chapter 8, of Title 36 of the 1976 Code, subject only to the provisions of the bonds, pertaining to registration.
HISTORY: 1978 Act No. 473, Section 20.

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Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 6 - Local Government - Provisions Applicable to Special Purpose Districts and Other Political Subdivisions

Chapter 23 - Joint Municipal Electric Power And Energy Act

Section 6-23-10. Short title.

Section 6-23-20. Definitions.

Section 6-23-30. Planning, construction, and ownership of electric distribution facilities.

Section 6-23-40. Determination by municipalities that joint agency is in their best interests; factors; publication; challenge in court.

Section 6-23-50. Formation of joint agency; certificate as proof of existence.

Section 6-23-60. Filing of petition prior to acquisition of project; action by Commission; appeal.

Section 6-23-70. Board of directors; new members of joint agency; withdrawal from and dissolution of joint agency.

Section 6-23-80. Executive committee.

Section 6-23-90. Rights and powers of joint agency.

Section 6-23-100. Electric generating facilities as interrelated; responsibility for dispatching capacity and output and scheduling maintenance of project.

Section 6-23-110. Municipalities may contract to buy power; terms of contract; sources of payment; advances.

Section 6-23-130. Issuance of bonds authorized.

Section 6-23-140. Approval of projects financed by bonds; terms of bonds; proceeds; replacement of lost or destroyed bonds.

Section 6-23-150. Trust agreements.

Section 6-23-160. Rents, rates, fees and charges; validity and lien of pledge.

Section 6-23-170. Investment of moneys pending disbursement.

Section 6-23-180. Legal action by bond holder and trustee.

Section 6-23-190. Bonds and interest coupons designated investment securities.

Section 6-23-200. Investment in bonds lawful.

Section 6-23-210. Bonds to be special obligations; payment thereof.

Section 6-23-220. Issuance of refunding bonds authorized.

Section 6-23-230. Bonds tax exempt.

Section 6-23-235. Applicability of franchise and permit requirements.

Section 6-23-240. Certification required.

Section 6-23-250. Projects and power as subject to taxation.

Section 6-23-260. Rights and privileges of personnel.

Section 6-23-270. Annual reports; audits.

Section 6-23-280. Participation of joint agency in grant-in-aid and loan programs.

Section 6-23-290. Eminent domain.

Section 6-23-300. Immunity of directors, officers and their agents.

Section 6-23-310. Immunity of joint agencies waived and withdrawn.

Section 6-23-320. Powers cumulative; bonds for financing private facilities not authorized.

Section 6-23-330. Liberal construction; savings clause.

Section 6-23-335. Provision, distribution, marketing, or sale by joint agency of energy or service to retail customers.

Section 6-23-340. Legal and binding effect of existing contracts.