Prior to the ordering of such election the city council or board controlling the plant may take from the proposed purchaser such security as it may deem sufficient for the performance of the offer of purchase in the event of its acceptance.
HISTORY: 1962 Code Section 59-547; 1952 Code Section 59-547; 1942 Code Section 7276; 1932 Code Section 7276; 1925 (34) 155; 1927 (35) 176; 1930 (36) 1388.
Structure South Carolina Code of Laws
Title 5 - Municipal Corporations
Section 5-33-10. Acquisition and operation of ice plant authorized upon vote of electors.
Section 5-33-20. Supervisor of plant; bond; removal.
Section 5-33-30. Selling price of ice.
Section 5-33-40. Sale of ice plant.
Section 5-33-50. Security required of proposed purchaser.
Section 5-33-60. Notice of election on issue of sale.
Section 5-33-70. Sale authorized if election favorable; contract for operation; maximum rates.