South Carolina Statutes
§ 59-127-80 — One half of land scrip fund vested in board.
South Carolina § 59-127-80
This text of South Carolina § 59-127-80 (One half of land scrip fund vested in board.) 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. § 59-127-80 (2026).
Text
One half of the fund known as the land scrip fund, to wit: Ninety-five thousand and nine hundred dollars, shall be for the benefit of the South Carolina State University and shall be a perpetual fund, which shall forever remain undiminished, and the board of trustees is authorized to use the income thereon, to wit: Six per cent per annum, payable semiannually, from July 1, 1889 for the use and maintenance of such college.
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Legislative History
HISTORY: 1962 Code SECTION 22-557; 1952 Code SECTION 22-557; 1942 Code SECTION 5805; 1932 Code SECTION 5805; Civ. C. '22 SECTION 2824; Civ. C. '12 SECTION 1884; Civ. C. '02 SECTION 1298; 1889 (20) 299; 1868 (14) 169; 1879 (17) 86; 1896 (22) 173; 1954 (48) 1722; Const. Art. 11, SECTION 8.
Nearby Sections
15
§ 59-127-20
Board of trustees; election; terms.§ 59-127-30
Quorum at board meetings.§ 59-127-310
Definitions.§ 59-127-340
Trustees to adopt resolutions for issuance of bonds; single issue or separate issues authorized.§ 59-127-350
Requirements of bonds.§ 59-127-360
Registration of bonds.§ 59-127-370
Tax exempt status.§ 59-127-380
Persons who may lawfully invest in bonds.§ 59-127-390
Execution and delivery of bonds.§ 59-127-40
Management and control of Claflin College.§ 59-127-400
Sale of bonds.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-127-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/127/59-127-80.