South Carolina Statutes
§ 59-130-450 — Bond provisions as to maturity, interest, redemption, etc.; negotiability.
Bonds may be issued in one or more series at those prices, may bear the date or dates, may mature at the time or times, not exceeding forty years from their respective date, may bear interest at the fixed or variable rate or rates, may be payable in the medium of payment and at the place or places, may be in the denomination or denominations, may be in the form, either coupon or registered and either certified or uncertified, may carry the registration privileges, may be subject to the terms of redemption before maturity, with or without premium, and may contain terms, covenants, and conditions as the resolution authorizing the issuance of the bonds may provide. Except as otherwise specified in the authorizing resolution, the bonds are fully negotiable within the meaning of and for all the
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South Carolina § 59-130-450 (Bond provisions as to maturity, interest, redemption, etc.; negotiability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2004 Act No. 173, SECTION 1, eff February 18, 2004.
Nearby Sections
15
§ 59-130-10
Board of trustees.§ 59-130-20
Compensation of board members.§ 59-130-210
"Equipment" defined.§ 59-130-220
Authority to issue revenue bonds.§ 59-130-240
Revenue bonds.§ 59-130-250
Bonds exempt from taxes.§ 59-130-260
Bonds to be signed.§ 59-130-270
Sale of bonds.§ 59-130-30
Powers of board.§ 59-130-35
Authorization to sell Remley's Point; use of certain appropriated funds; use of proceeds from sale.§ 59-130-40
Meetings of board.