The board of visitors of The Citadel, the Military College of South Carolina, is hereby created a body corporate and politic of this State, by the name and style of "The Board of Visitors of The Citadel, the Military College of South Carolina," and by said name it and its successors in office shall have perpetual succession and be able and capable in law to have, receive and enjoy to it and its successors and convey lands, tenements and hereditaments of any kind or value in fee or for life or years and perpetual property of any kind whatever and all sums of money of any amount whatsoever which may be granted, devised or bequeathed to it for the purpose of building, erecting, endowing or supporting The Citadel, the Military College of South Carolina. But in receiving any such bequest no liabilities of any character shall be made binding or obligatory upon the State, except such as are accepted by the General Assembly. The board shall have a common seal for themselves and their successors with liberty to alter the same from time to time.
HISTORY: 1962 Code Section 22-305; 1952 Code Section 22-305; 1942 Code Section 5775; 1932 Code Section 5775; Civ. C. '22 Section 2794; 1920 (31) 1114; 1958 (50) 1640.
Structure South Carolina Code of Laws
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 59-121-60. 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 59-121-320. Definitions.
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 59-121-370. Resolutions for issuance of bonds; contents and conditions.
Section 59-121-380. Tax exempt status.
Section 59-121-390. Fiduciaries as authorized investors.
Section 59-121-410. Disposition of bonds; private sale; discounts or premiums.
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.