South Carolina Statutes
§ 59-53-163 — Bond reserve fund and student fee.
To the end that provision be made for the adequate payment of the principal of and interest on the bonds, the board shall be empowered as follows:
(1)To immediately establish a bond reserve fund for the college for whom bonds are to be issued.
(2)To impose a special student fee, in addition to all other fees and charges, upon each person at such college under such conditions as the board shall determine.
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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.