South Carolina Statutes
§ 59-136-350 — Signature on bonds and coupons.
The bonds must be signed in the corporate name of the university by the chairman of the board of trustees of the university, under the corporate seal of the university attested by the secretary of the board of trustees. Interest coupons attached to the bonds must be signed by the facsimile signatures of these officers. The bonds may be issued notwithstanding that any of the officials signing them or whose facsimile signatures appear on the coupons have ceased to hold office at the time of the issue or at the time of the delivery of the bonds to the purchaser.
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South Carolina § 59-136-350 (Signature on bonds and coupons.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1993 Act No. 69, SECTION 1.
Nearby Sections
15
§ 59-136-100
Establishment.§ 59-136-110
Board of trustees.§ 59-136-120
Trustees; subsistence, per diem, and mileage.§ 59-136-140
Meetings of board.§ 59-136-300
Equipment defined.§ 59-136-310
Authority to issue revenue bonds.§ 59-136-330
Particulars of bonds; must be negotiable.§ 59-136-340
Tax exempt status.§ 59-136-350
Signature on bonds and coupons.§ 59-136-360
Sale of bonds.