Subsequent amendments to this chapter may not limit the rights vested in the authority with respect to any agreements made with, or remedies available to, the holders of bonds issued under this chapter before the enactment of the amendments until the bonds, with all premiums and interest on them, and all costs and expenses in connection with any proceeding by or on behalf of the holders, are fully met and discharged.
S.C. Code Ann. § 11-37-160
Amendments to chapter may not limit vested rights
Known as the South Carolina Resources Authority Act
The act spans §§ 11-37-10 to 11-37-90 (28 sections).
1988 Act No. 682, SECTION 2.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.