South Carolina Code 11-40-150. Bonds made negotiable instruments
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Terms Used In South Carolina Code 11-40-150
- Authority: means the South Carolina Infrastructure Facilities Authority. See South Carolina Code 11-40-30
- Bonds: means bonds, notes, or other evidences of obligation of the authority issued under this chapter, including bond, grant or revenue anticipation notes, notes in the nature of commercial paper, and refunding bonds. See South Carolina Code 11-40-30
Whether or not the bonds of the authority are of such form and character as to be negotiable instruments, the bonds are made negotiable instruments within the meaning of and for all the purposes of the law of this State.