South Carolina Statutes
§ 57-21-130 — Sale of bonds.
South Carolina·Title 57 HIGHWAYS, BRIDGES AND FERRIES·Ch. 21 PAVING DISTRICTS IN COUNTIES WITH CITY OF OVER 70,000
The bonds shall be sold by the governing body of the county at not less than par and accrued interest on sealed proposals after a publication of notice of sale one or more times in a newspaper designated by the governing body. The governing body shall reserve the right to reject all bids. In the event that all bids be rejected, it shall have the right to sell the bonds at private sale if a price in excess of the highest bid received in pursuance of the call for bids is obtainable or, in its discretion, to readvertise for sealed bids.
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South Carolina § 57-21-130 (Sale of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 33-1363; 1952 Code SECTION 33-1363; 1942 (42) 1693.
Nearby Sections
15
§ 57-21-100
Issuance of bonds.§ 57-21-110
Terms of bonds.§ 57-21-120
Execution of bonds; designation.§ 57-21-130
Sale of bonds.§ 57-21-140
Levy of tax.§ 57-21-160
Payment of bonds.§ 57-21-170
Payment of proceeds of bond issue.§ 57-21-180
Use of proceeds of bond issue.§ 57-21-190
Powers of county governing body.§ 57-21-200
Eminent Domain.§ 57-21-210
Advertisement and award of contracts.§ 57-21-220
Records of county governing body.