§ 59-71-410 Authority to issue State school bonds
§ 59-71-420 Limits on aggregates of indebtedness; maturity date
§ 59-71-430 Request for issuance of bonds
§ 59-71-440 Conditions warranting issuance of bonds
§ 59-71-450 Form of bonds; time, place, and medium of payment
§ 59-71-460 Denomination of bonds
§ 59-71-470 Form of bonds; registration
§ 59-71-480 Interest; maturities; redemption
§ 59-71-490 Exemption of bonds from taxes or assessments
§ 59-71-510 Pledge of credit and revenues for payment of bonds
§ 59-71-520 Revision of retail sales tax not precluded by pledge
§ 59-71-530 Sale of bonds
§ 59-71-540 Bonds as lawful investments
§ 59-71-550 Disposition of proceeds of sale
§ 59-71-560 Use of proceeds; segregation for different uses
§ 59-71-570 Sinking fund payments
§ 59-71-580 Retail sales tax provisions as part of contract with bondholders
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Terms Used In South Carolina Code > Title 59 > Chapter 71 > Article 5 - State School Bonds

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. 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.