South Carolina § 6-21-360 - Appointment and powers of receiver.
Full text of South Carolina South Carolina Code of Laws § 6-21-360 — Appointment and powers of receiver., with citation guidance and answers to common questions.
§ 6-21-360. Appointment and powers of receiver.
If there be any default in the payment of the principal of or interest upon any of the bonds any court having jurisdiction in any proper action may appoint a receiver to administer and operate the system, project or combined system so encumbered on behalf of the borrower with power to fix and charge rates and collect revenues sufficient to provide for the payment of any bonds or other obligations outstanding against the system, project or combined system and for the payment of the expenses of operating and maintaining it and to apply the income and revenues of the system, project or combined system in conformity with this chapter and the ordinance providing for the issuance of the bonds.
HISTORY: 1962 Code SECTION 59-394; 1952 Code SECTION 59-394; 1942 Code SECTION 9252; 1933 (38) 411.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 6-21-360
What does South Carolina Code of Laws § 6-21-360 cover?
Section 6-21-360 ("Appointment and powers of receiver.") 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 § 6-21-360?
A common citation format is "South Carolina Code of Laws § 6-21-360" (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 § 6-21-360 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.