South Carolina Statutes
§ 59-130-50 — Authority to sell or lease donated real property.
South Carolina § 59-130-50
This text of South Carolina § 59-130-50 (Authority to sell or lease donated real property.) 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. § 59-130-50 (2026).
Text
Upon approval of the State Fiscal Accountability Authority or Department of Administration, as appropriate, the board is authorized to lease or sell any real property which may have been or may be donated to the college during any fund campaign. The proceeds of any lease or sale must be applied to the original purpose of the donation of the property leased or sold.
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Legislative History
HISTORY: 1988 Act No. 510, SECTION 1.
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.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-130-50, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/130/59-130-50.