Subsequent amendments to this article may not limit the rights vested in the bank with respect to any agreements made with, or remedies available to, the holders of bonds issued under this article 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. § 11-43-400
Vested rights; application of subsequent amendments to this article
Known as the South Carolina Transportation Infrastructure Bank Act
The act spans §§ 11-43-110 to 11-43-630 (46 sections).
1997 Act No. 148, 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.