South Carolina Research University Infrastructure Act

  1. Law
  2. South Carolina Code of Laws
  3. Public Finance
  4. South Carolina Research University Infrastructure Act

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Section
11-51-10

Short title.

Section
11-51-20

Legislative findings and purpose.

Section
11-51-30

Definitions.

Section
11-51-40

Issuance of general obligation debt authorized; limitations.

Section
11-51-50

Maximum annual debt service at time of issuance.

Section
11-51-60

Research infrastructure project used for unapproved purpose; reimbursement of debt service to State.

Section
11-51-70

Certification of costs to State Budget and Control Board prior to issuance of general obligation debt.

Section
11-51-80

Information provided to Joint Bond Review Committee and State Budget and Control Board prior to issuance of general obligation debt.

Section
11-51-90

Principal amount of general obligation debt provided on a competitive basis.

Section
11-51-100

Issuance of general obligation debt or anticipation notes.

Section
11-51-110

Resolution by State Budget and Control Board authorizing issuance of general obligation debt.

Section
11-51-120

Maturity, payment, and interest rates.

Section
11-51-125

Allocation and use of funds; authorization for additional bonds; project approval.

Section
11-51-130

General obligation debt exempt from taxation.

Section
11-51-140

Executive signature, attestation, and state seal requirements.

Section
11-51-150

Pledge of full faith, credit, and taxing power of State; allocation of tax revenues for payment of principal and interest.

Section
11-51-160

Advertisement and sale requirements; right to reject bids; expenses incident to sale.

Section
11-51-170

Application of sale proceeds; liability of purchaser.

Section
11-51-180

Investment by executors, administrators, and other fiduciaries.

Section
11-51-190

Exemption from state procurement process; alternative procurement procedures.

Section
11-51-200

Construction of Chapter.