Such bonds shall be sold at public sale, after advertisement thereof in a newspaper having general circulation in the State or in a financial publication published in the city of New York or, in the discretion of the authorities, in both such publications. Such advertisement shall appear not less than ten days prior to the occasion set for such sale. The bonds may be disposed of at private sale if there are no bids received or if all bids are rejected. The provisions of this section shall not prevent a sale at private sale to the United States of America or any agency thereof.
HISTORY: 1962 Code Section 14-523; 1952 Code Section 14-523; 1951 (47) 763.
Structure South Carolina Code of Laws
Section 4-15-30. When counties may issue bonds; amount.
Section 4-15-40. Holding of election; persons who may vote.
Section 4-15-50. Notice of election.
Section 4-15-70. Maturity of bonds.
Section 4-15-80. Redemption provisions.
Section 4-15-90. Form and negotiability of bonds; registration.
Section 4-15-100. Place of payment.
Section 4-15-110. Interest rates.
Section 4-15-120. Execution of bonds.
Section 4-15-130. Advertisement and sale of bonds.
Section 4-15-140. Minimum sale price.
Section 4-15-150. Pledge of credit for payment; levy and collection of tax.
Section 4-15-160. Exemption from taxes.
Section 4-15-170. Bonds shall be legal for fiduciary investments.
Section 4-15-180. Deposit and application of proceeds of sale of bonds.