South Carolina Code of Laws
Chapter 123 - The Medical University Of South Carolina
Section 59-123-270. Bonds and interest tax exempt.

The bonds authorized by Sections 59-123-210 through 59-123-320 and all interest to become due thereon shall be exempt from taxation in the State of South Carolina as provided in Section 12-1-60.
HISTORY: 1982 Act No. 392, Section 8.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 59 - Education

Chapter 123 - The Medical University Of South Carolina

Section 59-123-10. Change of name; programs limited to health area; new programs and organizational changes.

Section 59-123-20. Acceptance of transfer of property.

Section 59-123-30. Charter confirmed.

Section 59-123-40. Composition of board of trustees.

Section 59-123-50. Election of board members; terms.

Section 59-123-60. Organization and powers of board; designation as Medical University Hospital Authority.

Section 59-123-70. Annual report of board.

Section 59-123-80. Board authorized to grant rights-of-way for widening and extending streets; president authorized to sign necessary documents.

Section 59-123-90. Board vested with power of eminent domain.

Section 59-123-95. Board may borrow to purchase diagnostic and therapeutical equipment.

Section 59-123-100. Rules governing admissions not changed.

Section 59-123-110. College of Dental Medicine established.

Section 59-123-115. Area Health Education Consortium; funding formula; expenditure of funds.

Section 59-123-125. Rural Physician Program; administration of funds; membership of managing board.

Section 59-123-210. Additional student and faculty housing authorized from bond proceeds; refunding authorized.

Section 59-123-220. Trustees authorized to issue revenue bonds; limitation; refunding; use of proceeds and facilities.

Section 59-123-230. Bonds payable from net housing revenues.

Section 59-123-240. Credit of state not to be pledged; trustees not liable on bonds.

Section 59-123-250. Resolutions for issuance of bonds; maturity; interest; denominations; redemption.

Section 59-123-260. Form of bonds.

Section 59-123-270. Bonds and interest tax exempt.

Section 59-123-280. Bonds as legal investments for certain purchasers.

Section 59-123-290. Execution of bonds.

Section 59-123-300. Sale of bonds.

Section 59-123-310. Powers and duties of trustees with respect to bonds.

Section 59-123-320. No time limit on issuance of bonds.