Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. State Codes
/
South-Carolina
/
Title 11 - Public Finance
/
Chapter 43 - South Carolina Transportation Infr...
Chapter 43 - South Carolina Transportation Infrastructure Bank Act
Section 11-43-110. Short title.
Section 11-43-120. Creation of South Carolina Transportation Infrastructure Bank; board of directors; corporate purpose; accounts.
Section 11-43-130. Definitions.
Section 11-43-140. Board of directors; members; terms; vacancies.
Section 11-43-150. Powers of bank; limitations.
Section 11-43-160. Sources for capitalization and purposes of bank; use of state highway account revenues.
Section 11-43-165. Repealed.
Section 11-43-167. Fees and fines credited to the State Highway Fund.
Section 11-43-170. Earnings on federal and state accounts; establishment of accounts and subaccounts; commingling of funds, compliance with federal law.
Section 11-43-180. Loans and other financial assistance; approval by Joint Bond Review Committee; term; financing agreement; terms and conditions; selection of projects, preference, considerations.
Section 11-43-190. Financing agreements; application of other statutes or provisions; obligations secured by ad valorem taxes; security interest in project revenues; expenditure of proceeds.
Section 11-43-200. Exemption from taxes or assessments.
Section 11-43-210. Failure of governmental unit to remit amounts due; withholding of funds.
Section 11-43-220. Liability.
Section 11-43-230. Notice, proceeding, or publication not necessary; bank not subject to referendum.
Section 11-43-240. Deposit and investments.
Section 11-43-250. Annual report; audit of books and accounts.
Section 11-43-260. Liberal construction.
Section 11-43-265. Prioritization of projects.
Section 11-43-270. Severability of provisions.
Section 11-43-310. Definitions.
Section 11-43-315. Issuance of bonds; review and approval of Joint Bond Review Committee.
Section 11-43-320. Pledges of revenue or funds to bond payment; bonds secured by pledge.
Section 11-43-330. Bonds not debt or pledge of full faith and credit of State; personal liability; statement.
Section 11-43-340. Bonds authorized by resolution; execution; payability; other provisions; interest; public or private sale, price; time of issuance.
Section 11-43-350. Trust indenture.
Section 11-43-360. Validity of pledge; lien; recording or filing of resolution not necessary; filing of record of issuance proceedings.
Section 11-43-370. Purchase of outstanding bonds; price.
Section 11-43-380. Form and execution of bonds.
Section 11-43-390. Members or officers ceasing to be members before delivery of bonds; validity of signatures.
Section 11-43-400. Vested rights; application of subsequent amendments to this article.
Section 11-43-410. Exemption from taxation and assessment.
Section 11-43-420. Bonds legal investments, securities.
Section 11-43-510. Definitions.
Section 11-43-520. Request for issuance of transportation infrastructure bonds; contents.
Section 11-43-530. Review of request; approval of bonds or bond anticipation notes.
Section 11-43-540. Limitations; review by Joint Bond Review Committee; payment of principal and interest.
Section 11-43-550. Pledge of full faith, credit, taxing power, and other revenue of State for payment of principal and interest; allocation of tax revenues.
Section 11-43-560. Request for issuance of transportation infrastructure bonds; resolution, contents.
Section 11-43-570. Issuance of bonds.
Section 11-43-580. Form, denominations, provisions of bonds.
Section 11-43-590. Issuance as fully registered bonds; transfer.
Section 11-43-600. Interest; redemption.
Section 11-43-610. Exemption from taxes or assessments.
Section 11-43-620. Sale upon sealed proposals; notice; awarding of bonds; rejection, readvertising.
Section 11-43-630. Application of proceeds.