South Carolina Code of Laws
Title 59 - Education
Chapter 146 - State School Facilities Bonds Act

Section 59-146-10. Short title. - This chapter may be cited as the "State School Facilities...

Section 59-146-20. Purpose of chapter to assist school districts to provide educational facilities. - It is declared that, for the benefit of the people...

Section 59-146-30. Definitions. - As used in this chapter: (1) "Department" means the State...

Section 59-146-40. School facilities bonds. - In order to obtain funds for allocation to school districts...

Section 59-146-50. Maximum principal amount of state school facilities bonds; expiration of authority to issue bonds. - The maximum principal amount of state school facilities bonds that...

Section 59-146-60. State Board of Education notification to State Fiscal Accountability Authority. - The State Board of Education, by resolution, shall notify the...

Section 59-146-70. Issuance of state school facilities bonds by State Fiscal Accountability Authority. - Following the receipt of the notification presented pursuant to Section...

Section 59-146-80. Resolution by State Fiscal Accountability Authority for issuance of state school facilities bonds. - In order to effect the issuance of state school facilities...

Section 59-146-90. Terms of state school facilities bonds. - The state school facilities bonds must bear the date and...

Section 59-146-100. Tax exemption of state school facilities bonds. - All state school facilities bonds issued under this chapter are...

Section 59-146-110. Execution and authentication of state school facilities bonds. - All state school facilities bonds issued under this chapter must...

Section 59-146-120. Payment of principal and interest. - For the payment of the principal and interest on all...

Section 59-146-130. Sale of state school facilities bonds. - State school facilities bonds must be sold by the Governor...

Section 59-146-140. Proceeds of sale of state school facilities bonds. - The proceeds of the sale of state school facilities bonds...

Section 59-146-150. Investment in state school facilities bonds by fiduciaries. - It is lawful for all executors, administrators, guardians, and other...

Section 59-146-160. Allocation of proceeds of sale of state school facilities bonds. - The proceeds received from the issuance of state school facilities...

Section 59-146-170. Responsibilities and duties of State Department of Education and State Board of Education. - The responsibilities and duties of the State Department of Education...

Section 59-146-180. Qualification of school districts for funds. - To qualify for the funds under this chapter, each school...