South Carolina Statutes
§ 59-125-410 — Disposal of bonds.
The bonds must be disposed of in such manner as the trustees determine, except that no sale, privately negotiated without public advertisement, may be made unless the approval of the State Fiscal Accountability Authority is obtained. If the trustees elect to sell the bonds at public sale, at least one advertisement of them must appear in some newspaper of general circulation in this State not less than seven days before the date 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 Winthrop.
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South Carolina § 59-125-410 (Disposal of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1996 Act No. 399, SECTION 2.
Nearby Sections
15
§ 59-125-10
Establishment of Winthrop College.§ 59-125-100
Division into departments.§ 59-125-120
Degrees and diplomas.§ 59-125-20
Composition of board of trustees.§ 59-125-30
Election of board members; terms; vacancies.§ 59-125-310
Purpose.§ 59-125-320
Definitions.§ 59-125-330
Acquisition and improvement of facilities.§ 59-125-340
Authority to bond.§ 59-125-350
Securement of repayment.§ 59-125-360
Faith and credit of State.§ 59-125-370
Tenor, terms, and conditions of bonds.