South Carolina Statutes
§ 59-115-40 — State Education Assistance Authority.
There is hereby created a body politic and corporate to be known as the State Education Assistance Authority (authority). The authority is hereby declared to be a public instrumentality of the State and the exercise by the authority of any power conferred herein shall be deemed and held to be the performance of an essential public function. The authority shall consist of the members, from time to time, of the State Fiscal Accountability Authority, ex officio.
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South Carolina § 59-115-40 (State Education Assistance Authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 22-96.3; 1971 (57) 775; 2014 Act No. 121 (S.22), Pt VII, SECTION 20.O.2, eff July 1, 2015. Effect of Amendment 2014 Act No. 121, SECTION 20.O.2, substituted "Fiscal Accountability Authority" for "Budget and Control Board of South Carolina", and made other nonsubstantive changes.
Nearby Sections
15
§ 59-115-10
Short title.§ 59-115-120
Rights of bondholders.§ 59-115-130
Bonds as negotiable instruments.§ 59-115-140
Bonds as legal investments.§ 59-115-150
Security for bonds.§ 59-115-170
Exemption of bonds from taxation.§ 59-115-180
Annual report of Authority; audit.§ 59-115-20
Definitions.§ 59-115-30
Function of Authority.§ 59-115-40
State Education Assistance Authority.§ 59-115-50
Powers of Authority.