South Carolina Statutes
§ 59-147-70 — Signature of bonds.
The bonds must be signed in the corporate name of the university by the manual or facsimile signature of the acting chairman of the board of the university, under the corporate seal of the university attested by the manual or facsimile signature of the acting secretary of the board. Any 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 § 59-147-70 (Signature of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1996 Act No. 302, SECTION 1.
Nearby Sections
11
§ 59-147-10
Short title.§ 59-147-20
Definitions.§ 59-147-30
Issuance of revenue bonds; purpose.§ 59-147-60
Bond exemptions.§ 59-147-70
Signature of bonds.§ 59-147-80
Sale of bonds.