Chapter

South Carolina Infrastructure Facilities Authority Act

S.C. Code Ann. § 11-40-10— Short Title
S.C. Code Ann. § 11-40-20— South Carolina Infrastructure Facilities Authority; creation; membership; purpose
S.C. Code Ann. § 11-40-30— Definitions
S.C. Code Ann. § 11-40-40— Powers of authority
S.C. Code Ann. § 11-40-50— South Carolina Infrastructure Revolving Loan Fund; establishment; purpose; deposits to fund; use of monies in fund
S.C. Code Ann. § 11-40-60— Authority may make loans; loan commitments and option agreements; conditions for grant of loan; fees and charges
S.C. Code Ann. § 11-40-70— Receipt, distribution, and holding of funds by the authority
S.C. Code Ann. § 11-40-80— Local governments authorized to borrow money from authority through loan agreements and loan obligations; provisions of chapter not exclusive; additional contracts with authority
S.C. Code Ann. § 11-40-90— Authority to issue bonds; use of proceeds; requirements for issuance of bonds; Joint Bond Review Committee to establish priorities for funding of projects
S.C. Code Ann. § 11-40-100— Authority to pledge revenues, funds, or loan obligations to secure bonds
S.C. Code Ann. § 11-40-110— Bonds not debt or pledge of faith and credit of State or its political subdivisions other than the authority; statements to be contained on bonds
S.C. Code Ann. § 11-40-120— Bonds to be authorized by resolution; requirements for bonds
S.C. Code Ann. § 11-40-130— Trust indenture for securing bonds; provisions of bond resolution or trust indenture; bonds primarily secured by pool of obligations
S.C. Code Ann. § 11-40-140— Validity of pledge by authority; lien of pledge
S.C. Code Ann. § 11-40-150— Bonds made negotiable instruments
S.C. Code Ann. § 11-40-160— Bonds and income from bonds exempt from taxes and assessments
S.C. Code Ann. § 11-40-170— Bonds of authority made securities
S.C. Code Ann. § 11-40-180— Offer, sale, or issuance of bonds, notes, or other obligations not subject to regulation under Chapter 1, Title 35
S.C. Code Ann. § 11-40-190— Pledge of State not to impair rights and remedies of bondholders
S.C. Code Ann. § 11-40-200— Defaults by local governments; withholding of state funds; exceptions
S.C. Code Ann. § 11-40-210— Authority members, officers, or employees not subject to liability
S.C. Code Ann. § 11-40-220— Additional notices, proceedings, or publications not required; not subject to referendum
S.C. Code Ann. § 11-40-230— Deposit of money of authority; investment of funds
S.C. Code Ann. § 11-40-240— Annual reports; audit of books and accounts
S.C. Code Ann. § 11-40-250— Division of Local Government to assist authority; duties of Division
S.C. Code Ann. § 11-40-260— Chapter to be liberally construed; approval of bonds not required; provisions of Chapter control
S.C. Code Ann. § 11-40-270— Severability provision