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Section 59-146-90. Terms of state school facilities bonds.

SC Code § 59-146-90 (2019) (N/A)
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The state school facilities bonds must bear the date and mature at the time that the resolution provides, except that no state school facilities bond may mature more than thirty years from its date of issue. The state school facilities bonds may be in the denominations, be payable in the medium of payment, be payable at the place and at the time, and be subject to redemption or repurchase and contain other provisions determined by the State Fiscal Accountability Authority before their issuance. The bonds may bear interest payable at the times and at the rates as determined by the State Fiscal Accountability Authority.

HISTORY: 1999 Act No. 28, Section 1.

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Section 59-146-80. Resolution by State Fiscal Accountability Authority for issuance of state school facilities bonds.
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Section 59-146-100. Tax exemption of state school facilities bonds.