S.C. Code § 31-3-550

Current through 2024 Act No. 225.
Section 31-3-550 - Foreclosure frees projects from restrictions

Nothing contained in this chapter and Chapter 11 shall be construed as limiting the power of an authority to vest in an obligee the right, in the event of a default by the authority, to take possession of a housing project or cause the appointment of a receiver thereof, free from all the restrictions imposed by this chapter and Chapter 11.

S.C. Code § 31-3-550

1951 (47) 529; 1938 (40) 1819; 1937 (40) 431; 1942 Code Section 5271-42; 1952 Code Section 36-136; 1962 Code Section 36-136.