South Carolina § 11-15-250 Advertisements for purchase of securities.

South Carolina Statutes

§ 11-15-250 — Advertisements for purchase of securities.

South Carolina § 11-15-250

Title 11PUBLIC FINANCE

Ch. 15BONDS OF POLITICAL SUBDIVISIONS

This text of South Carolina § 11-15-250 (Advertisements for purchase of securities.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 11-15-250 (2026).

Text

In making such investment of sinking funds in securities other than those of the county in which such sinking fund was created the custodian shall advertise once a week for two weeks in one newspaper published in the county in which such a sinking fund is established or in a newspaper having a general circulation in such county for offers of sale of bonds of the issue for which the sinking fund is established and of bonds of political subdivisions of this State, with the right to reject any and all offers.

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In making such investment of sinking funds in securities other than those of the county in which such sinking fund was created the custodian shall advertise once a week for two weeks in one newspaper published in the county in which such a sinking fund is established or in a newspaper having a general circulation in such county for offers of sale of bonds of the issue for which the sinking fund is established and of bonds of political subdivisions of this State, with the right to reject any and all offers.

Legislative History

HISTORY: 1962 Code SECTION 1-665; 1952 Code SECTION 1-665; 1942 Code SECTION 3884; 1932 Code SECTION 3884; 1925 (34) 289; 1928 (35) 1167; 1931 (37) 95, 132; 1932 (37) 1352, 1363; 1935 (39) 432.