§ 59-119-710 Purpose; authorization
§ 59-119-720 Definitions
§ 59-119-730 Trustees authorization; acquisition of facilities; bond refunds
§ 59-119-740 Issuance of bonds; limit
§ 59-119-750 Funding of bonds; security, generally
§ 59-119-760 Bonds not guaranteed by State; trustees not personally liable
§ 59-119-770 Bond specifications; issuing resolutions
§ 59-119-780 Tax exempt status
§ 59-119-790 Who may invest in bonds
§ 59-119-800 Execution of bonds and coupons; registration as to principal and interest
§ 59-119-810 Sale; advertisement; discounts
§ 59-119-820 Powers of trustees for securing principal and interest of bonds
§ 59-119-830 No time limit for issuing bonds
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Terms Used In South Carolina Code > Title 59 > Chapter 119 > Article 7 - Auxiliary Facilities Revenue Bonds

  • Authority: means the State Fiscal Accountability Authority. See South Carolina Code 59-119-720
  • bonds: means any note, bond, installment contract, or other evidence of indebtedness issued pursuant to this chapter. See South Carolina Code 59-119-720
  • Clemson: means Clemson University. See South Carolina Code 59-119-720
  • Contract: A legal written agreement that becomes binding when signed.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Facilities: means any or all of the following facilities operated to provide for the students, faculty, or staff at Clemson: dining or food service facilities; laundry facilities; canteen facilities; vending machines; convenience stores; any other facilities for the sale of sundry items; health services; book stores; parking lots and vehicle registration; and all furniture, furnishings and equipment in them, which are now owned by Clemson, or which may be acquired by Clemson for any of these purposes. See South Carolina Code 59-119-720
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Trustee: A person or institution holding and administering property in trust.
  • Trustees: means the Board of Trustees of Clemson or any successor body. See South Carolina Code 59-119-720