10 chapters · 231 sections in this title.
S.C. Code Ann. § 13-12-30 Rights and powers of board
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The board has all the rights and powers of a body politic and body corporate of this State, including without limitation, all the rights and powers necessary or convenient to manage the business and affairs of the authority and to take action as it considers advisable, necessary,…
S.C. Code Ann. § 13-12-40 Authority may issue general obligation or revenue bonds; agreements for construction, operation, maintenance, or improvement of project; financing agreements
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The authority may issue general obligation bonds or revenue bonds for the purpose of financing or refinancing, in whole or in part, the cost of the following projects: (a) purchasing real estate; (b) constructing, reconstructing, or improving any capital improvements; and (c) ope…
S.C. Code Ann. § 13-12-50 Resolution of board authorizing bonds; provisions of resolution become part of contract between authority and bondholders
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General obligation bonds or revenue bonds issued under this chapter for any project described in Section 13-12-40 must be authorized by resolution of the board. The resolution may contain provisions which are a part of the contract between the authority and the several holders of…
S.C. Code Ann. § 13-12-60 Governing bodies of participating counties may authorize authority to issue general obligation bonds; public hearing requirement
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The governing bodies of the participating counties are empowered to authorize the authority to issue general obligation bonds whose proceeds must be used in furtherance of any power of the authority under the procedures prescribed in this chapter. If, upon its own finding or upon…