2012 South Carolina Code of Laws
Title 59 - Education
Chapter 119 - CLEMSON UNIVERSITY
Section 59-119-740 - Issuance of bonds; limit.


SC Code § 59-119-740 (2012) What's This?

Upon receiving the approval of the board and upon review by the Joint Bond Review Committee, the trustees may from time to time borrow such sums as may be necessary to accomplish the purpose of this article and to evidence these borrowings by bonds issued pursuant to this article in such aggregate principal amount as they determine, except that other provisions of this article to the contrary notwithstanding, there may not be outstanding at any time bonds issued pursuant to this article in excess of twenty-five million dollars.

HISTORY: 1990 Act No. 502, Section 1.

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