The bonds must be disposed of in such manner as the trustees determine, except that no sale, privately negotiated without public advertisement, may be made unless the approval of the State Fiscal Accountability Authority is obtained. If the trustees elect to sell the bonds at public sale, at least one advertisement of them must appear in some newspaper of general circulation in this State not less than seven days before the date fixed for the opening of bids. The bonds may be sold at such discount or for such premium as may be determined by the trustees or their designee as being in the best interest of Clemson.
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.