South Carolina Statutes
§ 59-133-320 — Delivery of proceeds to State Treasurer; withdrawals from fund.
The proceeds of all bonds must be delivered to the State Treasurer or its corporate trust designee and retained in a special fund or funds and applied solely to the purposes for which such bonds have been issued. Withdrawals from the fund must be made on the order or requisition of the university and must be in such form as the State Treasurer shall prescribe. The State Treasurer may make temporary investments of funds derived from the proceeds of bonds in the manner prescribed by law.
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South Carolina § 59-133-320 (Delivery of proceeds to State Treasurer; withdrawals from fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2008 Act No. 355, SECTION 8, eff June 25, 2008.
Nearby Sections
15
§ 59-133-10
Board of Trustees.§ 59-133-20
Compensation of board members.§ 59-133-210
Findings.§ 59-133-220
Definitions.§ 59-133-240
Authority to borrow; bonding limit.§ 59-133-260
Full faith and credit of State.§ 59-133-280
Tax exempt status.§ 59-133-290
Authority to invest in bonds.§ 59-133-30
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