The principal of and interest on bonds issued pursuant to this chapter shall have the tax exempt status prescribed by Section 12-1-60.
HISTORY: 1962 Code Section 22-96.16; 1971 (57) 775.
Structure South Carolina Code of Laws
Chapter 115 - State Education Assistance Act
Section 59-115-10. Short title.
Section 59-115-20. Definitions.
Section 59-115-30. Function of Authority.
Section 59-115-40. State Education Assistance Authority.
Section 59-115-50. Powers of Authority.
Section 59-115-60. State Education Assistance Authority Loan Fund.
Section 59-115-70. Sinking fund; State Education Assistance Authority Loan Guarantee Reserve Fund.
Section 59-115-80. Authority empowered to issue revenue bonds.
Section 59-115-90. Bond resolution; custody of moneys received; expenses payable from loan fund.
Section 59-115-110. All money received deemed trust funds; investment of funds.
Section 59-115-120. Rights of bondholders.
Section 59-115-130. Bonds as negotiable instruments.
Section 59-115-140. Bonds as legal investments.
Section 59-115-150. Security for bonds.
Section 59-115-160. Liability of State and Authority; expenses of Authority.