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2017 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 59-109-30. Definitions.
- Section 59-109-40. Educational Facilities Authority for Private Nonprofit Institutions of Higher Learning.
- Section 59-109-50. Purpose of Authority; powers enumerated.
- Section 59-109-60. Expenses.
- 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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