South Carolina Code 11-43-400. Vested rights; application of subsequent amendments to this article
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Terms Used In South Carolina Code 11-43-400
- Bank: means the South Carolina Transportation Infrastructure Bank. See South Carolina Code 11-43-310
- Bonds: means any bonds, notes, debentures, interim certificates, grant or revenue anticipation notes, or any other evidence of indebtedness of the bank incurred pursuant to this article. See South Carolina Code 11-43-310
Subsequent amendments to this article may not limit the rights vested in the bank with respect to any agreements made with, or remedies available to, the holders of bonds issued under this article before the enactment of the amendments until the bonds, with all premiums and interest on them, and all costs and expenses in connection with any proceeding by or on behalf of the holders, are fully met and discharged.