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S.C. Code Ann. § 49-17-1360

Terms of bonds

1962 Code SECTION 18-296; 1952 Code SECTION 18-206; 1942 Code SECTION 6129; 1932 Code SECTION 6129; Civ

The bonds shall bear interest at a rate not exceeding six per cent per annum, payable semiannually. The bonds shall be payable at a time not less than ten nor more than twenty-five years after their issue and shall be paid up in full at maturity.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.