§ 59-53-150 Legislative findings
§ 59-53-151 Definitions
§ 59-53-152 Board may construct or acquire plant improvements
§ 59-53-153 Bond issues
§ 59-53-154 Bond issues; full faith and credit of State shall not be pledged
§ 59-53-155 Bond issues; resolutions by board; limitations
§ 59-53-156 Bond issues; maturing provisions; interest; redemption
§ 59-53-157 Bond issues; negotiable coupon bonds or fully registered bonds
§ 59-53-158 Bond issues; tax-exempt status
§ 59-53-159 Bond issues; executors and administrators
§ 59-53-160 Bond issues; executed in name of subject college
§ 59-53-161 Bond issues; disposal of bonds
§ 59-53-162 Proceeds of bonds
§ 59-53-163 Bond reserve fund and student fee
§ 59-53-164 When student fee is payable; payment of costs from reserve fund
§ 59-53-165 Board’s power regarding resolutions authorizing bond issues
§ 59-53-166 State Treasurer may accept custody of receipts from special student fee
§ 59-53-167 Article not intended to limit any college
§ 59-53-168 Administrative efficiency for State Board for Technical and Comprehensive Education; advisory board
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Terms Used In South Carolina Code > Title 59 > Chapter 53 > Article 2 - Facilities and Improvements for Technical Education Colleges and Centers

  • Board: shall mean the State Board for Technical and Comprehensive Education. See South Carolina Code 59-53-151
  • Bond reserve fund: shall mean each special fund to be established which shall be in the custody of the State Treasurer and which is primarily established for the purpose of providing a reserve with which to meet the payment of the principal of and interest on bonds issued for any college in the event that payments otherwise required for the debt service fund shall be insufficient to meet the payment of such principal and interest as and when they become due and payable. See South Carolina Code 59-53-151
  • Bonds: shall mean the special obligation bonds of the particular technical education college or center for whom bonds are issued. See South Carolina Code 59-53-151
  • College: shall mean each of the technical education colleges or centers. See South Carolina Code 59-53-151
  • Contract: A legal written agreement that becomes binding when signed.
  • Debt service fund: shall mean each fund to be established for the payment of the principal of and interest on the bonds issued for any college. See South Carolina Code 59-53-151
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • 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.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Plant improvements: shall mean the construction of and improvements to the buildings and equipment constituting facilities for any college. See South Carolina Code 59-53-151
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Special student fee: shall mean the fee authorized to be established by the board at any college to provide funds for the repayment of bonds issued for such college. See South Carolina Code 59-53-151