South Carolina Code 11-15-580. Holder of bonds may require levying of taxes and enforce covenants
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In South Carolina Code 11-15-580
- governing body: shall mean , in the case of incorporated cities or towns, the city council or town council and in other instances the commission, group, board or body to whom is delegated the administrative duties of the issuer. See South Carolina Code 11-15-430
In the event the governing body shall fail to levy the taxes required to be levied or to perform the covenants undertaken in the issuance of the bonds, any holder of any of the bonds or coupons may require the levy of taxes and enforce the performance of the covenants by mandamus in any of the courts of this State.