General obligation debt issued pursuant to this chapter must be signed by the Governor and the State Treasurer and attested by the Secretary of State. The Governor, State Treasurer, and Secretary of State may sign the general obligation debt by a facsimile of their signatures. The Great Seal of the State must be affixed to, impressed on, or reproduced upon the general obligation debt. The delivery of the general obligation debt executed and authenticated, as provided in the state board resolution, is valid notwithstanding changes in officers or seal occurring after the execution or authentication.
HISTORY: 2004 Act No. 187, Section 9.
Structure South Carolina Code of Laws
Chapter 51 - South Carolina Research University Infrastructure Act
Section 11-51-10. Short title.
Section 11-51-20. Legislative findings and purpose.
Section 11-51-30. Definitions.
Section 11-51-40. Issuance of general obligation debt authorized; limitations.
Section 11-51-50. Maximum annual debt service at time of issuance.
Section 11-51-90. Principal amount of general obligation debt provided on a competitive basis.
Section 11-51-100. Issuance of general obligation debt or anticipation notes.
Section 11-51-120. Maturity, payment, and interest rates.
Section 11-51-130. General obligation debt exempt from taxation.
Section 11-51-140. Executive signature, attestation, and state seal requirements.
Section 11-51-170. Application of sale proceeds; liability of purchaser.
Section 11-51-180. Investment by executors, administrators, and other fiduciaries.
Section 11-51-190. Exemption from state procurement process; alternative procurement procedures.