Holder of bonds may require levying of taxes and enforce covenants.

  1. Law
  2. South Carolina Code of Laws
  3. Public Finance
  4. Bonds Of Political Subdivisions
  5. Holder of bonds may require levying of taxes and enforce covenants.

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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.

HISTORY: 1962 Code Section 1-698; 1952 Code Section 1-698; 1951 (47) 755.


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