South Carolina Statutes
§ 59-122-110 — Sale of bonds by board; notice.
The bonds may be disposed of in such manner as the board determines, except that no sale, privately negotiated without public advertisement, may be made unless approved by the State Fiscal Accountability Authority. If the board elects to sell the bonds at public sale, at least one advertisement of the sale must appear in a newspaper of general circulation in South Carolina not less than ten days before the opening of bids and, if no date is fixed in that advertisement, a subsequent notice must be provided either by like publication or other form of notice to parties requesting the notification not less than the business day before the sale.
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South Carolina § 59-122-110 (Sale of bonds by board; notice.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1989 Act No. 102, SECTION 2.
Nearby Sections
13
§ 59-122-10
Definitions.§ 59-122-100
Investment in bonds by fiduciaries permitted.§ 59-122-110
Sale of bonds by board; notice.§ 59-122-120
Authority of board.§ 59-122-130
Time limitation for issuance of bonds.§ 59-122-30
Disposition of proceeds from sale of bonds.§ 59-122-40
Requirements for issuance of bonds.§ 59-122-50
Security for payment of bonds.§ 59-122-70
Issuance of bonds.§ 59-122-80
Bonds may be registered; debt by book-entry only system permitted; verification of bonds.§ 59-122-90
Bonds and interest exempt from taxation.