South Carolina Statutes
§ 59-71-130 — Sale of bonds.
South Carolina § 59-71-130
This text of South Carolina § 59-71-130 (Sale of bonds.) 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. § 59-71-130 (2026).
Text
The bonds shall be sold at public sale, after advertisement of such sale in a newspaper having general circulation in the State or in a financial publication published in the city of New York or, in the discretion of the authorities, in both such publications. Such advertisement shall appear not less than ten days prior to the occasion set for such sale. The bonds may be disposed of at private sale if there are no bids received or if all bids are rejected. The provisions of this section shall not prevent a sale at private sale to the United States of America or any agency thereof.
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Legislative History
HISTORY: 1962 Code SECTION 21-983; 1952 Code SECTION 21-983; 1951 (47) 759.
Nearby Sections
15
§ 59-71-10
Short title.§ 59-71-100
Place of payment.§ 59-71-110
Interest rate.§ 59-71-120
Execution of bonds.§ 59-71-130
Sale of bonds.§ 59-71-140
Minimum sales price.§ 59-71-150
Credit pledged for payment; tax.§ 59-71-160
Exemption of bonds from taxes.§ 59-71-170
Bonds as legal investments.§ 59-71-180
Deposit and use of proceeds.§ 59-71-20
Definitions.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-71-130, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/71/59-71-130.