Upon receiving the approval of the State Fiscal Accountability Authority or the Department of Administration, as appropriate, and upon review by the Joint Bond Review Committee, the trustees may from time to time borrow such sums as may be necessary to accomplish the purpose of this article and to evidence these borrowings by bonds issued pursuant to this article in such aggregate principal amount as they determine, except that other provisions of this article to the contrary notwithstanding, there may not be outstanding at any time bonds issued pursuant to this article in excess of twenty-five million dollars.
HISTORY: 1990 Act No. 502, Section 1.
Structure South Carolina Code of Laws
Chapter 119 - Clemson University
Section 59-119-10. Acceptance of the Clemson devise and bequest.
Section 59-119-20. Clemson Agricultural College established; location and studies.
Section 59-119-30. Name changed to Clemson University.
Section 59-119-40. Board of trustees; nominations; elections; terms.
Section 59-119-50. General powers and duties of board.
Section 59-119-70. Sale of real estate.
Section 59-119-80. Expenditure of moneys and use of property generally.
Section 59-119-90. Investment of certain moneys from Clemson bequest in State stock.
Section 59-119-100. Investment of Clemson bequest generally and payment of interest to board.
Section 59-119-110. One-half land scrip fund vested in board; application of income.
Section 59-119-120. Division of public land fund under act of Congress.
Section 59-119-140. Annual report by board.
Section 59-119-310. Establishment of municipal corporation; boundaries.
Section 59-119-320. Board of trustees shall be governing body; recorder.
Section 59-119-330. Trustees authorized to license or prohibit sales.
Section 59-119-340. Constables.
Section 59-119-350. Trustees not given right to levy or collect taxes.
Section 59-119-360. Annual report.
Section 59-119-510. Authorization, generally.
Section 59-119-520. Authorization shall be by resolution; contractual provisions.
Section 59-119-530. Additional terms of bonds.
Section 59-119-540. Exemption of bonds from taxation.
Section 59-119-550. Execution of bonds.
Section 59-119-560. Sale of bonds.
Section 59-119-570. Board shall file description of bonds with State Treasurer.
Section 59-119-580. Enforcement of provisions of resolution.
Section 59-119-590. Revenues available for payment of bonds.
Section 59-119-710. Purpose; authorization.
Section 59-119-720. Definitions.
Section 59-119-730. Trustees authorization; acquisition of facilities; bond refunds.
Section 59-119-740. Issuance of bonds; limit.
Section 59-119-750. Funding of bonds; security, generally.
Section 59-119-760. Bonds not guaranteed by State; trustees not personally liable.
Section 59-119-770. Bond specifications; issuing resolutions.
Section 59-119-780. Tax exempt status.
Section 59-119-790. Who may invest in bonds.
Section 59-119-800. Execution of bonds and coupons; registration as to principal and interest.
Section 59-119-810. Sale; advertisement; discounts.
Section 59-119-820. Powers of trustees for securing principal and interest of bonds.
Section 59-119-830. No time limit for issuing bonds.
Section 59-119-910. Legislative findings and intention.
Section 59-119-920. Definitions.
Section 59-119-940. Borrowings; limitations on bonds.
Section 59-119-960. Pledge of state faith and credit prohibited; statement; personal liability.
Section 59-119-980. Tax exempt status.
Section 59-119-990. Investments.
Section 59-119-1010. Disposal of bonds; public sale, advertisement; discount or premium.
Section 59-119-1020. Bond proceeds; special funds; withdrawals; temporary investments.
Section 59-119-1040. Provisions for adequate security of principal and interest payment.