GroundRules
S.C. Code Ann. § 11-43-370: Purchase of outstanding bonds; price.
Where this section sits in the code
- Title 11 - PUBLIC FINANCE
- CHAPTER 43 South Carolina Transportation Infrastructure Bank Act
- ARTICLE 3 South Carolina Transportation Infrastructure Bank Revenue Bonds
The bank, subject to agreements with bondholders as may then exist, may purchase outstanding bonds of the bank with any available funds, at any reasonable price. If the bonds are then redeemable, the price must not exceed the redemption price then applicable plus accrued interest to the next interest payment date.
Collected 2026-09-02T06:33:19Z. Source file · JSON