106 chapters · 2,049 sections in this title.
S.C. Code Ann. § 59-115-60 State Education Assistance Authority Loan Fund
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There shall be established and maintained by the authority a fund which shall be designated the "State Education Assistance Authority Loan Fund". There shall be deposited to the credit of the loan fund the proceeds, exclusive of accrued interest, derived from the sale of the reve…
S.C. Code Ann. § 59-115-70 Sinking fund; State Education Assistance Authority Loan Guarantee Reserve Fund
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Prior to the issuance of any revenue bonds a sinking fund shall be established, the custodian of which shall be the State Treasurer. There shall be deposited in the sinking fund the revenues from all of the sources pledged for the payment of the revenue bonds including all moneys…
S.C. Code Ann. § 59-115-80 Authority empowered to issue revenue bonds
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The General Assembly authorizes the authority to provide for the issuance, at one time or from time to time, of revenue bonds of the authority for any of its authorized purposes, including the use of a portion of the proceeds of any issue of bonds for the establishment of a reser…
S.C. Code Ann. § 59-115-90 Bond resolution; custody of moneys received; expenses payable from loan fund
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The resolution providing for the issuance of such bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper, including covenants setting forth the duties of the authority in relation to the purchase o…