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S.C. Code Ann. § 5-21-380

Interest rate

Known as the Municipal Bond Act

The act spans §§ 5-21-210 to 5-21-500 (30 sections).

1962 Code SECTION 47-848; 1952 Code SECTION 47-848; 1951 (47) 771.

The bonds shall bear interest at the rate or rates to be named by the municipal council.

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