The bonds and coupons, if any, attached to the bonds, are executed manually or by facsimile in the name of Clemson in the manner and by persons as the trustees from time to time determine, and the seal of Clemson must be affixed to or impressed or reproduced on each bond. Any coupons attached to the bonds must be authenticated by the facsimile signature of one or more of the persons signing the bonds. The bonds, in the discretion of the trustees, may be registerable as to principal and interest on books kept for them by or on behalf of Clemson, including by a corporate registrar. The delivery of the executed bonds is valid notwithstanding changes in officers or in the seal occurring after the execution. Notwithstanding the foregoing, the bonds, in the discretion of the trustees, may be issued as fully registered noncertificated book-entry securities.
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.