South Carolina Statutes
§ 59-146-90 — Terms of state school facilities bonds.
The state school facilities bonds must bear the date and mature at the time that the resolution provides, except that no state school facilities bond may mature more than thirty years from its date of issue. The state school facilities bonds may be in the denominations, be payable in the medium of payment, be payable at the place and at the time, and be subject to redemption or repurchase and contain other provisions determined by the State Fiscal Accountability Authority before their issuance. The bonds may bear interest payable at the times and at the rates as determined by the State Fiscal Accountability Authority.
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South Carolina § 59-146-90 (Terms of state school facilities bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1999 Act No. 28, SECTION 1.
Nearby Sections
15
§ 59-146-10
Short title.§ 59-146-100
Tax exemption of state school facilities bonds.§ 59-146-120
Payment of principal and interest.§ 59-146-130
Sale of state school facilities bonds.§ 59-146-170
Responsibilities and duties of State Department of Education and State Board of Education.§ 59-146-180
Qualification of school districts for funds.§ 59-146-30
Definitions.§ 59-146-40
School facilities bonds.