South Carolina Code of Laws
Title 13 - Planning, Research and Development
Chapter 19 - Midlands Authority

Section 13-19-10. Midlands Authority created; governing board; appointment and terms of board members; filling of vacancies. - There is created the Midlands Authority of South Carolina, referred...

Section 13-19-20. Board officers; committees; meetings; quorum. - The members of the board shall elect one member as...

Section 13-19-30. Rights and powers of board. - The board of the authority has all the rights and...

Section 13-19-35. Area in which authority may exercise powers and duties. - The authority may exercise any of the powers and duties...

Section 13-19-40. Authority to issue bonds; financing agreements with respect to construction, operation, maintenance, and improvement of projects. - In furtherance of its purposes, the authority may issue revenue...

Section 13-19-45. Issuance of revenue bonds, and financing agreements, with respect to particular projects. - The authority may issue revenue bonds for the purpose of...

Section 13-19-50. Resolution by board authorizing issuance of revenue bonds. - Revenue bonds issued under this chapter for any project described...

Section 13-19-60. Terms and particulars pertaining to bonds. - The bonds may be issued in one or more series,...

Section 13-19-70. Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation. - The principal of and interest on bonds issued under this...

Section 13-19-80. Bond issue approval; proposal; disposition of proposal. - No bonds may be issued pursuant to the provisions of...

Section 13-19-90. Signature and attestation of bonds and interest coupons. - The bonds must be signed in the name of the...

Section 13-19-100. Sale of bonds upon terms and conditions set by State Fiscal Accountability Authority. - The bonds must be sold at public or private sale...

Section 13-19-110. Description of financial obligations to be filed with State Treasurer. - The board of the authority or its proper administrative officers...

Section 13-19-120. Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability. - All provisions of a resolution authorizing the issuance of the...

Section 13-19-130. Limited obligation of bonds; state not to incur liability; security; trustee under security agreement or indenture. - The bonds authorized by this chapter are limited obligations of...

Section 13-19-140. Investment of funds by state treasurer; net earnings. - All funds of the authority must be invested by the...

Section 13-19-150. Carryover of unexpended funds from year to year. - The authority may retain any unexpended funds at the close...

Section 13-19-160. Determinations required to be made by authority prior to undertaking projects; terms which must be included in financing agreement between authority and company with respect to projects. - (A) Prior to undertaking any project authorized by Section 13-19-40,...

Section 13-19-170. Disposition of proceeds of sale of bonds; what constitutes cost of acquiring project. - The proceeds from the sale of any bonds issued under...

Section 13-19-180. Regulations promulgated by authority to be in accord with Title 1, Chapter 23. - The regulations of the authority must be promulgated in accordance...

Section 13-19-190. Establishment of profit or not-for-profit corporations to carry out purposes of chapter; grants and loans; loan guarantees and limitations of liability. - The authority may establish profit or not-for-profit corporations as the...

Section 13-19-200. Tax exemption of authority property; payment in lieu of taxes. - The property of the authority is not subject to any...

Section 13-19-210. Purposes for which authority is or is not "agency," "state agency," or state institution. - Notwithstanding any provision of law or regulation, the authority continues...

Section 13-19-220. Severability. - If a term or provision of a section of this...

Section 13-19-230. Chapter not to affect generation, transmission, distribution, or provision of electricity at wholesale, retail, or otherwise. - Nothing in this chapter may be construed to provide for...