Chapter

Educational Facilities Authority Act for Private Nonprofit Institutions of Higher Learning

S.C. Code Ann. § 59-109-10— Short title
S.C. Code Ann. § 59-109-20— Legislative declaration of policy and purpose
S.C. Code Ann. § 59-109-30— Definitions
S.C. Code Ann. § 59-109-40— Educational Facilities Authority for Private Nonprofit Institutions of Higher Learning
S.C. Code Ann. § 59-109-50— Purpose of authority; powers enumerated
S.C. Code Ann. § 59-109-60— Expenses
S.C. Code Ann. § 59-109-70— Acquisition of property by authority
S.C. Code Ann. § 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
S.C. Code Ann. § 59-109-90— Bond anticipation notes; issuance, terms, form, and execution of bonds and notes
S.C. Code Ann. § 59-109-100— Trust agreement to secure bonds
S.C. Code Ann. § 59-109-110— Bonds not considered debt or liability of State or any political subdivision
S.C. Code Ann. § 59-109-120— Institutions to complete projects if bond proceeds insufficient; payments required; disposition of monies received
S.C. Code Ann. § 59-109-130— Monies received deemed trust funds
S.C. Code Ann. § 59-109-140— Enforcement of rights of bondholders
S.C. Code Ann. § 59-109-150— Exemption from taxation
S.C. Code Ann. § 59-109-160— Bonds as legal investments
S.C. Code Ann. § 59-109-170— Annual reports
S.C. Code Ann. § 59-109-180— Chapter as supplemental; authority not subject to regulation, approval, or consent of other agencies or the like