South Carolina Statutes
§ 59-53-157 — Bond issues; negotiable coupon bonds or fully registered bonds.
The bonds may be in the form of negotiable coupon bonds, payable to bearer, with the privilege to the holder of having them registered as to principal on registry books kept for the college by the State Treasurer, and the principal thus made payable to the registered holder, unless the last registered transfer shall have been to bearer, upon such conditions as the board shall prescribe, or the bonds may be issued as fully registered bonds in such form as may be prescribed by the board. If issued as fully registered bonds, it may be provided that they may thereafter be converted into negotiable coupon bonds of the tenor first above described.
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South Carolina § 59-53-157 (Bond issues; negotiable coupon bonds or fully registered bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1978 Act No. 646, SECTION 5.
Nearby Sections
15
§ 59-53-1010
Creation of commission; membership; officers.§ 59-53-1030
Powers of Commission.§ 59-53-1040
Accounts of commission; audits.§ 59-53-1050
Reports.§ 59-53-1060
Apportionment of expenses.§ 59-53-1120
Powers and duties; name of institution.§ 59-53-1140
Submission of annual budget.§ 59-53-1210
Creation of district; commission.§ 59-53-1220
Membership of Commission; officers.§ 59-53-1230
Technical education center.