South Carolina Statutes
§ 59-122-80 — Bonds may be registered; debt by book-entry only system permitted; verification of bonds.
South Carolina § 59-122-80
This text of South Carolina § 59-122-80 (Bonds may be registered; debt by book-entry only system permitted; verification of bonds.) 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. § 59-122-80 (2026).
Text
Bonds issued pursuant to this chapter may be in fully registered form with ownership recorded on books of registry kept for that purpose by or at the direction of the board. The board may also provide for the incurrence of debt through use of a book-entry only system to be maintained by a securities depositary. The bonds may be executed by the manual or facsimile signatures of the officers as may be designated by the board, or the board may provide for such other means of verification of authenticity of the bonds as it may consider appropriate. In the event of any change in officials, bonds executed before the change continue to be valid.
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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.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-122-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/122/59-122-80.