South Carolina Code of Laws
Chapter 121 - The Citadel, The Military University Of South Carolina
Section 59-121-380. Tax exempt status.

The bonds authorized by this article and all interest to become due thereon have the tax exempt status prescribed by Section 12-2-50.
HISTORY: 2000 Act No. 356, Section 2(B).

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 59 - Education

Chapter 121 - The Citadel, The Military University Of South Carolina

Section 59-121-10. Board of visitors; composition.

Section 59-121-15. Authority to change title of The Citadel; conditions.

Section 59-121-20. Terms of board members.

Section 59-121-30. Election of board members; age limit.

Section 59-121-40. Board created body corporate and politic; general powers.

Section 59-121-50. Powers of board in educational matters.

Section 59-121-55. Formation of nonprofit eleemosynary corporation; transfer of funds or property; application of Freedom of Information Act.

Section 59-121-60. Quorum at special meeting of board.

Section 59-121-70. Annual report of board.

Section 59-121-80. Burial of past presidents and their wives.

Section 59-121-310. Purpose.

Section 59-121-320. Definitions.

Section 59-121-330. Visitors authorized to acquire, construct, renovate, and equip athletic facilities; bond management costs.

Section 59-121-340. Authorization to borrow funds and issue bonds; amount limitations.

Section 59-121-350. Sources of funds to secure bonds; disposition of athletic facilities

Section 59-121-360. Liability of State and persons signing bonds for payment of principal and interest.

Section 59-121-370. Resolutions for issuance of bonds; contents and conditions.

Section 59-121-380. Tax exempt status.

Section 59-121-390. Fiduciaries as authorized investors.

Section 59-121-400. Execution of bonds and coupons; change of issuing officers or seal; issuance as fully registered, noncertificated, book-entry securities.

Section 59-121-410. Disposition of bonds; private sale; discounts or premiums.

Section 59-121-420. Delivery of bond proceeds to State Treasurer; maintenance in special funds; withdrawals; temporary investments.

Section 59-121-430. Provisions for adequate payment of principal and interest on bonds.

Section 59-121-440. Powers vested in visitors to secure payment of principal and interest on bonds.

Section 59-121-450. Duration of authorizations granted by article; time limit for issuance of bonds.