The proceeds of bonds issued pursuant to this chapter shall be deposited with the State Treasurer and used to defray all or a part of the cost of acquiring and constructing the parking facilities authorized in this chapter and to defray the cost of issuing such bonds.
HISTORY: 1981 Act No. 26, Section 3.
Structure South Carolina Code of Laws
Chapter 131 - Parking Facilities At The College Of Charleston
Section 59-131-10. Parking facilities authorized.
Section 59-131-20. Bond issue authorized upon approval.
Section 59-131-25. Use of proceeds of bonds.
Section 59-131-30. Bonds payable solely from revenues of parking facilities.
Section 59-131-40. Full faith and credit of State not pledged for payment of bonds.
Section 59-131-50. Provisions of resolution concerning bonds.
Section 59-131-60. Negotiability and registration.
Section 59-131-70. Tax exemption status.
Section 59-131-80. Bonds as lawful investments.
Section 59-131-90. Execution of bonds.
Section 59-131-100. Sales of bonds.