South Carolina Statutes
§ 59-119-1010 — Disposal of bonds; public sale, advertisement; discount or premium.
The bonds may be disposed of in such manner as the trustees shall determine, except that no privately negotiated sale without public advertisement may be made without the prior approval of the State Fiscal Accountability Authority. If the trustees shall elect to sell the bonds at public sale, at least one advertisement thereof shall appear in a newspaper of general circulation in the State not less than seven days prior to the occasion fixed for the opening of bids. The bonds may be sold at such discount or for such premium as may be determined by the trustees or their designee as being in the best interest of Clemson.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 59-119-1010 (Disposal of bonds; public sale, advertisement; discount or premium.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1997 Act No. 144, SECTION 1.
Nearby Sections
15
§ 59-119-1000
Execution of bonds and coupons; authentication; bonds registerable as to principal and interest; changes.§ 59-119-1050
Effectiveness of authorizations.§ 59-119-140
Annual report by board.