South Carolina § 5-21-660 - Redemption privilege.
Full text of South Carolina South Carolina Code of Laws § 5-21-660 — Redemption privilege., with citation guidance and answers to common questions.
§ 5-21-660. Redemption privilege.
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.
HISTORY: 1962 Code SECTION 47-860.6; 1952 Code SECTION 47-860.6; 1951 (47) 767.
Frequently Asked Questions About South Carolina § 5-21-660
What does South Carolina Code of Laws § 5-21-660 cover?
Section 5-21-660 ("Redemption privilege.") 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 § 5-21-660?
A common citation format is "South Carolina Code of Laws § 5-21-660" (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 § 5-21-660 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.