Chapter

South Carolina Water Quality Revolving Fund Authority Act

S.C. Code Ann. § 48-5-10— Short title
S.C. Code Ann. § 48-5-20— Definitions
S.C. Code Ann. § 48-5-30— South Carolina Water Quality Revolving Fund Authority created; membership of authority
S.C. Code Ann. § 48-5-40— Powers of authority
S.C. Code Ann. § 48-5-50— Continuation of existing fund; deposits to fund; use of funds
S.C. Code Ann. § 48-5-55— Drinking Water Revolving Loan Fund; deposits; use of funds
S.C. Code Ann. § 48-5-60— Authority of Department of Health and Environmental Control
S.C. Code Ann. § 48-5-70— Project sponsors authorized to borrow money from authority through loan agreements and loan obligations; contracts need not be identical among projects; application of other statutes permitting project sponsors to borrow money and issue obligations
S.C. Code Ann. § 48-5-80— Authority authorized to borrow money and issue bonds; requirements for issuing bonds
S.C. Code Ann. § 48-5-90— Authority authorized to pledge its revenues or funds to payment of bonds; other security for payment of bonds
S.C. Code Ann. § 48-5-100— Bonds payable solely from revenue, money, or property of authority; liability on bonds; statements required on face of bonds
S.C. Code Ann. § 48-5-110— Requirements for bonds; security for bonds
S.C. Code Ann. § 48-5-120— Pledge as valid and binding; lien of pledge; record of proceedings relative to issuance of bonds to be filed
S.C. Code Ann. § 48-5-130— Subsequent amendments not to affect prior agreements or vested rights
S.C. Code Ann. § 48-5-140— Authority exempt from taxes and assessments; bonds issued by authority free from taxation and assessments of every kind
S.C. Code Ann. § 48-5-150— Bonds as legal investments; bonds as securities
S.C. Code Ann. § 48-5-160— Annual report by the authority
S.C. Code Ann. § 48-5-170— Failure of project sponsor to make payment to authority; section not applicable to certain counties
S.C. Code Ann. § 48-5-180— Liberal construction of chapter; chapter contains all notice and security requirements; provisions of chapter controlling
S.C. Code Ann. § 48-5-190— Severability