South Carolina Code 13-1-720. Enforceability of orders, covenants, and agreements related to bonds
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 13-1-720
- Division: means the Division of Savannah Valley Development. See South Carolina Code 13-1-610
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
All provisions of an executive order authorizing the issuance of the bonds in accordance with this article and any covenants and agreements constitute legally binding contracts between the division and the several holders of the bonds, regardless of the time of issuance of the bonds, and are enforceable by any holder by mandamus or other appropriate action, suit, or proceeding at law or in equity in any court of competent jurisdiction.