South Carolina Statutes
§ 4-19-120 — Advertisement and sale of bonds.
Bonds issued pursuant to this chapter must be sold at a price of not less than par and accrued interest to the date of their respective deliveries. They must be sold after public advertisement of their sale in a newspaper of general circulation in South Carolina, or in a financial journal published in the city of New York. Such published notice shall appear not less than seven days prior to the occasion set for opening bids; provided, however, that any bonds issued pursuant to the provisions of this chapter may be sold at private sale to the United States of America or any agency or department thereof.
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South Carolina § 4-19-120 (Advertisement and sale of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 14-700.211; 1974 (58) 2681; 1984 Act No. 408, SECTION 2.
Nearby Sections
15
§ 4-19-10
Powers of governing body generally.§ 4-19-100
Interest on bonds.§ 4-19-110
Execution of bonds.§ 4-19-120
Advertisement and sale of bonds.§ 4-19-150
Bonds exempt from taxation.§ 4-19-180
No time limit set for issuance of bonds.