Bonds, notes, and other forms of indebtedness may be issued in one or more series at those prices, may bear the date, may mature at the time, not exceeding forty years from their respective date, may bear interest at the fixed or variable rate, may be payable in the medium of payment and at the place, may be in the denomination, may be in the form, either coupon or registered and either certified or uncertified, may carry the registration privileges, may be subject to the terms of redemption before maturity, with or without premium, and may contain terms, covenants, and conditions as the resolution authorizing the issuance of the bonds, notes, and other forms of indebtedness may provide. Except as otherwise specified in the authorizing resolution, the bonds, notes, and other forms of indebtedness are fully negotiable within the meaning of and for all the purposes of the Uniform Commercial Code.
HISTORY: 2005 Act No. 44, Section 1, eff May 3, 2005.
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.