South Carolina § 13-12-160 - Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.
Full text of South Carolina South Carolina Code of Laws § 13-12-160 — Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability., with citation guidance and answers to common questions.
§ 13-12-160. Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.
All provisions of a resolution authorizing the issuance of the bonds in accordance with this chapter and any covenants and agreements constitute legally binding contracts between the authority and the several holders of the bonds, regardless of the time of issuance of the bonds, and are enforceable by any holder by mandamus or other appropriate action, suit, or proceeding at law or in equity in any court of competent jurisdiction.
HISTORY: 1992 Act No. 515, SECTION 1, eff September 1, 1992; 1992 Act No. 518, SECTION 1, eff September 2, 1992.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 13-12-160
What does South Carolina Code of Laws § 13-12-160 cover?
Section 13-12-160 ("Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 13-12-160?
A common citation format is "South Carolina Code of Laws § 13-12-160" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 13-12-160 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.