In the event the governing body shall fail to levy the taxes required to be levied or to perform the covenants undertaken in the issuance of the bonds, any holder of any of the bonds or coupons may require the levy of taxes and enforce the performance of the covenants by mandamus in any of the courts of this State.
S.C. Code Ann. § 11-15-580
Holder of bonds may require levying of taxes and enforce covenants
Known as the Refunding Act
The act spans §§ 11-15-410 to 11-15-600 (20 sections).
1962 Code SECTION 1-698; 1952 Code SECTION 1-698; 1951 (47) 755.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.