South Carolina Statutes
§ 59-131-60 — Negotiability and registration.
Such bonds may be in the form of negotiable coupon bonds, payable to bearer, with the privilege to the holder of having them registered and upon such conditions in such manner as the trustees shall prescribe, and the principal thus made payable to the registered holder, unless the last registered transfer shall have been to bearer, 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 § 59-131-60 (Negotiability and registration.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1975 (59) 79.
Nearby Sections
13
§ 59-131-10
Parking facilities authorized.§ 59-131-100
Sales of bonds.§ 59-131-110
Securing payment of bonds.§ 59-131-120
No time limit on issuance of bonds.§ 59-131-20
Bond issue authorized upon approval.§ 59-131-25
Use of proceeds of bonds.§ 59-131-50
Provisions of resolution concerning bonds.§ 59-131-60
Negotiability and registration.§ 59-131-70
Tax exemption status.§ 59-131-80
Bonds as lawful investments.§ 59-131-90
Execution of bonds.