South Carolina Statutes
§ 59-123-260 — Form of bonds.
Such bonds may be in the form of negotiable coupon bonds, payable to bearer, with the privilege to the holder of having them registered on the books of a registrar to be named, and the principal thus made payable to the registered holder, unless the last registered transfer shall have been to bearer, upon such conditions as the trustees may prescribe, or such bonds may be issued as fully registered bonds. If issued as fully registered bonds, it may be provided that they may thereafter be converted into negotiable coupon bonds of the tenor described above.
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South Carolina § 59-123-260 (Form of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1982 Act No. 392, SECTION 7.
Nearby Sections
15
§ 59-123-10
Change of name; programs limited to health area; new programs and organizational changes.§ 59-123-100
Rules governing admissions not changed.§ 59-123-110
College of Dental Medicine established.§ 59-123-20
Acceptance of transfer of property.§ 59-123-210
Additional student and faculty housing authorized from bond proceeds; refunding authorized.§ 59-123-220
Trustees authorized to issue revenue bonds; limitation; refunding; use of proceeds and facilities.§ 59-123-230
Bonds payable from net housing revenues.§ 59-123-260
Form of bonds.§ 59-123-270
Bonds and interest tax exempt.§ 59-123-290
Execution of bonds.