In order to utilize the authorizations of this article, the trustees, on behalf of the university, shall adopt resolutions providing for the issuance of the bonds within the limitations mentioned, and by that resolution shall prescribe the tenor, terms, and conditions of the bonds and the obligations of the university incurred in connection with their issuance. The bonds may be issued as a single issue or as several separate issues. In the event that the bonds are issued as two or more issues, then all bonds must be on a parity in all respects inter se and are equally and ratably entitled to payment from the sources provided in this article.
HISTORY: 1992 Act No. 514, Section 6.
Structure South Carolina Code of Laws
Chapter 127 - South Carolina State University
Section 59-127-10. Establishment of South Carolina State University.
Section 59-127-15. South Carolina State College changed to South Carolina State University.
Section 59-127-20. Board of trustees; election; terms.
Section 59-127-30. Quorum at board meetings.
Section 59-127-40. Management and control of Claflin College.
Section 59-127-60. General powers of board.
Section 59-127-70. Buildings; courses of study; appliances; staff.
Section 59-127-80. One half of land scrip fund vested in board.
Section 59-127-85. Board authority to enter ground lease agreements.
Section 59-127-310. Definitions.
Section 59-127-350. Requirements of bonds.
Section 59-127-360. Registration of bonds.
Section 59-127-370. Tax exempt status.
Section 59-127-380. Persons who may lawfully invest in bonds.
Section 59-127-390. Execution and delivery of bonds.
Section 59-127-400. Sale of bonds.
Section 59-127-410. Disposition of proceeds of sale of bonds.
Section 59-127-420. Authorization of special fees for repayment of bonds.
Section 59-127-430. Disposition of monies from other sources for repayment of bonds.
Section 59-127-440. Powers of trustees in authorizing issuance of bonds.
Section 59-127-450. Responsibilities of State Treasurer.
Section 59-127-470. Feasibility study.
Section 59-127-480. Citation of article.
Section 59-127-490. Definitions.
Section 59-127-500. Power to issue facilities improvement bonds
Section 59-127-510. Resolution provisions.
Section 59-127-520. Form and content of bonds; negotiability.
Section 59-127-530. Tax exempt status.
Section 59-127-540. Signature and seal.
Section 59-127-550. Terms and conditions of sale.
Section 59-127-560. Filing description of obligations with State Treasurer.
Section 59-127-570. Enforcement rights.
Section 59-127-580. Revenue sources for payment; liability of board members.