South Carolina § 59-53-163 Bond reserve fund and student fee.

South Carolina Statutes

§ 59-53-163 — Bond reserve fund and student fee.

South Carolina § 59-53-163

Title 59EDUCATION

Ch. 53TECHNICAL AND VOCATIONAL EDUCATION AND TRAINING

This text of South Carolina § 59-53-163 (Bond reserve fund and student fee.) 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. § 59-53-163 (2026).

Text

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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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.