There Is a Newer Version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 59 - Education
Chapter 109 - EDUCATIONAL FACILITIES AUTHORITY ACT FOR PRIVATE NONPROFIT INSTITUTIONS OF HIGHER LEARNING
- Section 59-109-10 - Short title.
- Section 59-109-20 - Legislative declaration of policy and purpose.
- Section 59-109-40 - Authority created as public instrumentality consisting of members of State Budget and Control Board.
- Section 59-109-50 - Purpose of Authority; powers enumerated.
- Section 59-109-70 - Acquisition of property by Authority.
- Section 59-109-80 - Transfer of property to participating institution after payment of bonds; option to renew lease or purchase project prior to retirement of bonds.
- Section 59-109-90 - Bond anticipation notes; issuance, terms, form and execution of bonds and notes.
- Section 59-109-100 - Trust agreement to secure bonds.
- Section 59-109-110 - Bonds not deemed debt or liability of State or any political subdivision.
- Section 59-109-120 - Institutions to complete projects if bond proceeds insufficient; payments required; disposition of monies received.
- Section 59-109-130 - Monies received deemed trust funds.
- Section 59-109-140 - Enforcement of rights of bondholders.
- Section 59-109-150 - Exemption from taxation.
- Section 59-109-160 - Bonds as legal investments.
- Section 59-109-170 - Annual reports.
- Section 59-109-180 - Chapter as supplemental; Authority not subject to regulation, approval or consent of other agencies or the like.
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