State Education Assistance Act

  1. Law
  2. South Carolina Code of Laws
  3. Education
  4. State Education Assistance Act

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Section
59-115-10

Short title.

Section
59-115-20

Definitions.

Section
59-115-30

Function of Authority.

Section
59-115-40

State Education Assistance Authority.

Section
59-115-50

Powers of Authority.

Section
59-115-60

State Education Assistance Authority Loan Fund.

Section
59-115-70

Sinking fund; State Education Assistance Authority Loan Guarantee Reserve Fund.

Section
59-115-80

Authority empowered to issue revenue bonds.

Section
59-115-90

Bond resolution; custody of moneys received; expenses payable from loan fund.

Section
59-115-100

Fees, charges, interest, and premiums; contracts with United States and others; pledge of money in sinking fund.

Section
59-115-110

All money received deemed trust funds; investment of funds.

Section
59-115-120

Rights of bondholders.

Section
59-115-130

Bonds as negotiable instruments.

Section
59-115-140

Bonds as legal investments.

Section
59-115-150

Security for bonds.

Section
59-115-160

Liability of State and Authority; expenses of Authority.

Section
59-115-170

Exemption of bonds from taxation.

Section
59-115-180

Annual report of Authority; audit.