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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 5-21-660: Redemption privilege.

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Where this section sits in the code
  1. Title 5 - MUNICIPAL CORPORATIONS
  2. CHAPTER 21 Financial Matters Generally
  3. ARTICLE 7 Paving Bonds

Any bond issued may be issued with a provision providing for its redemption prior to its stated maturity at par and accrued interest plus such redemption premium as may be prescribed by the municipal council, but no bond shall be redeemable before maturity unless it contains a statement to that effect. In the proceedings authorizing the issuance of such bonds provision shall be made specifying the manner of call and the notice thereof that must be given.

Collected 2026-09-02T06:23:14Z. Source file · JSON

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