GroundRules
S.C. Code Ann. § 49-17-1360: Terms of bonds.
Where this section sits in the code
- Title 49 - WATERS, WATER RESOURCES AND DRAINAGE
- CHAPTER 17 Drainage or Levee Districts Under 1911 Act
- ARTICLE 11 Assessments and Issuance of Bonds; Federal Aid
The bonds shall bear interest at a rate not exceeding six per cent per annum, payable semiannually. The bonds shall be payable at a time not less than ten nor more than twenty-five years after their issue and shall be paid up in full at maturity.
Collected 2026-09-02T07:46:09Z. Source file · JSON