{"data":{"id":"us-sc/s.c.-code-ann.-11-15-470","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 11-15-470","heading":"Maturities.","body":"Such refunding bonds shall mature in such annual series or installments, equal or unequal in amount, as the governing body shall provide, except that:\n(1) The first maturing bonds shall mature within five years from the date as of which they are issued;\n(2) Not less than two per cent of the aggregate of the issue shall mature in any year; and\n(3) No bonds shall mature later than forty years from the date as of which they are issued.","path":["Title 11 - PUBLIC FINANCE","CHAPTER 15 Bonds of Political Subdivisions","ARTICLE 5 Refunding Act"],"source_url":"https://www.scstatehouse.gov/code/t11c015.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:31:54Z","sha256":"d8ba393ffe0ee6eb7a78ec66ff4d86a91a191768a6553f7f7eb862a24fa81221","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-11-15-460","next":"us-sc/s.c.-code-ann.-11-15-480"},"notice":"GroundRules: Original legal text. Not legal advice."}