™Your Policy Risk Impact Agent
27 chapters · 721 sections in this title.
S.C. Code Ann. § 6-23-150 Trust agreements
2.8K chars
In the discretion of the board of directors of the joint agency, any bonds issued under the provisions of this chapter may be secured by a trust agreement by and between the joint agency and a corporate trustee, which may be any trust company or bank having the powers of a trust …
S.C. Code Ann. § 6-23-160 Rents, rates, fees and charges; validity and lien of pledge
1.6K chars
The joint agency is hereby authorized to fix, charge, and collect rents, rates, fees and charges for electric power and energy and other services, related to the generation, transmission and sale of electric energy. For so long as any bonds of a joint agency are outstanding and u…
S.C. Code Ann. § 6-23-170 Investment of moneys pending disbursement
1.4K chars
Notwithstanding any provision of law to the contrary, the board of directors of joint agencies or persons authorized to make investment decisions on behalf of joint agencies investing public funds are considered to be trustees and subject to the prudent investor standard. When in…
S.C. Code Ann. § 6-23-180 Legal action by bond holder and trustee
1.0K chars
Any holder of bonds issued under the provisions of this chapter or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights herein given may be restricted by such trust agreement or the resolution authorizing the issuance…
