South Carolina Statutes
§ 59-117-40 — Board constituted body corporate and politic; powers.
South Carolina § 59-117-40
This text of South Carolina § 59-117-40 (Board constituted body corporate and politic; powers.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 59-117-40 (2026).
Text
The board of trustees of the University of South Carolina is and is hereby constituted a body corporate and politic, in deed and in law under the name of the University of South Carolina. Such corporation has the following powers:
(1)To have perpetual succession;
(2)To sue and be sued by the corporate name;
(3)To have a common seal and to alter it at pleasure;
(4)To make contracts and to have, to hold, to purchase and to lease real estate and personal property for corporate purposes; and to sell and dispose of personal property and any buildings that are deemed by it as surplus property or not further needed and any buildings that it may need to do away with for the purpose of making room for other construction. All such powers shall be exercised in a manner consistent with the provisi
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Legislative History
HISTORY: 1962 Code SECTION 22-104; 1952 Code SECTIONS 22-104, 22-106, 22-109 to 22-112, 22-115, 22-119; 1942 Code SECTIONS 5715, 5717, 5719 to 5721, 5723, 5726, 5729; 1932 Code SECTIONS 5715, 5717, 5719 to 5721, 5723, 5726, 5729; Civ. C. '22 SECTIONS 2778, 2780, 2782 to 2784, 2786, 2789, 2792; Civ. C. '12 SECTIONS 1847, 1849, 1851 to 1853, 1855, 1857, 1860; Civ. C. '02 SECTIONS 1261, 1263, 1265 to 1267, 1269, 1271; R. S. 1097, 1099, 1101, 1102, 1104, 1106, 1108; 1899 (23) 105; 1900 (23) 358; 1906 (25) 16; 1953 (48) 368; 1964 (53) 1918; 1981 Act No. 114, SECTION 12; 1989 Act No. 118, SECTION 1.
Nearby Sections
15
§ 59-117-100
President shall not be atheist or infidel.§ 59-117-110
Prior authorization for campus closing.§ 59-117-20
Terms of members of board.§ 59-117-210
Purpose; authorization.§ 59-117-220
Definitions.§ 59-117-240
Issuance of bonds; limit.§ 59-117-250
Funding of bonds; security, generally.§ 59-117-270
Bond specifications; issuing resolutions.§ 59-117-280
Tax exempt status.§ 59-117-290
Who may invest in bonds.§ 59-117-30
Vacancies; compensation.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-117-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/117/59-117-40.