All refunding bonds of the same issue shall be equally and ratably secured, without priority by reason of number or date of bonds, of sale, of execution or of delivery, by a lien upon the revenues of the enterprise in accordance with the provisions of SECTION 6-17-90 and the resolution authorizing the issuance of such refunding bonds.
S.C. Code Ann. § 6-17-110
All refunding bonds shall be ratably secured
Known as the The Revenue Bond Refinancing Act
The act spans §§ 6–6 (33 sections).
1962 Code SECTION 59-661; 1952 Code SECTION 59-661; 1942 Code SECTION 9293; 1937 (40) 313.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.