South Carolina Code of Laws
Chapter 25 - Joint Authority Water And Sewer Systems Act
Section 6-25-127. Enforcement of bondholder and construction note holder rights.

Any holder of bond or construction notes issued under the provisions of this chapter or any of the coupons appertaining to them, and the trustee under any trust agreement, except to the extent the rights given by this chapter may be restricted by the trust agreement or the resolution authorizing the issuance of the bonds or construction notes, may, either at law or in equity, by suit, action, mandamus, or other proceeding, protect and enforce any and all rights under the laws of the State or granted under this chapter, or, to the extent permitted by law, under the trust agreement or resolution authorizing the issuance of the bonds or under any agreement or other contract executed by the joint system pursuant to this chapter, and may enforce and compel the performance of all duties required by this chapter or by the trust agreement or resolution to be performed by any joint system or authority or by their officers, including the fixing, charging, and collecting of rents, fees, and charges.
HISTORY: 1986 Act No. 456, Section 7; 1999 Act No. 113, Section 17; 2007 Act No. 59, Section 1, eff June 6, 2007.
Effect of Amendment
The 2007 amendment substituted "authority" for "municipality".

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 25 - Joint Authority Water And Sewer Systems Act

Section 6-25-5. Legislative findings.

Section 6-25-10. Short title.

Section 6-25-20. Definitions.

Section 6-25-25. Authority to purchase, construct, etc., facilities.

Section 6-25-30. Creation of joint systems.

Section 6-25-35. Extension of provisions applicable to water.

Section 6-25-40. Notice of ordinance or resolution creating system; objections; exception.

Section 6-25-50. Agreement as to number of commissioners each member may appoint; application filed with Secretary of State; corporate certificate.

Section 6-25-60. Joint system to be managed and controlled by commission; appointment of commissioners; oath; records; seal; quorum; vacancies; expenses.

Section 6-25-70. Change in membership of joint system.

Section 6-25-80. Dissolution of system.

Section 6-25-90. Executive committee; composition; powers; terms of office; vacancies; filing notice of change with Secretary of State.

Section 6-25-100. Powers of joint system.

Section 6-25-110. Authorization to incur debt and issue bonds.

Section 6-25-111. Issuance, sale, and execution of bonds; use of proceeds; issuance of temporary bonds; replacement of bonds.

Section 6-25-112. Trust agreements or resolutions providing for issuance of bonds.

Section 6-25-113. Revenues from which bonds payable; statement of restriction.

Section 6-25-114. Issuance of refunding bonds.

Section 6-25-115. Financing pools and construction notes.

Section 6-25-120. Repayment of notes, obligations, or bonds.

Section 6-25-125. Charges for services; pledges.

Section 6-25-126. Temporary investment of funds pending disbursements.

Section 6-25-127. Enforcement of bondholder and construction note holder rights.

Section 6-25-128. Contracts between authority and joint system; duration.

Section 6-25-129. Governmental functions; state tax exemption.

Section 6-25-130. Employment or appointment of personnel; rights, privileges, and benefits.

Section 6-25-131. Restriction as to who may benefit from joint system income, profit or assets; exception.

Section 6-25-140. Annual system audit; reports.

Section 6-25-145. Investment by fiduciaries in bonds and construction notes.

Section 6-25-150. Contracts with federal and state government and agencies.

Section 6-25-155. Bonds, interest coupons and construction notes as investment securities.

Section 6-25-160. Tax status of evidences of indebtedness issued by joint system.

Section 6-25-170. Construction of chapter.