reglab/housing_qa huggingface dataset:
SC Code § 59-121-430 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 121 - The Citadel, The Military University Of South Carolina|Section 59-121-430. Provisions for adequate payment of principal and interest on bonds.

 To the end that provisions be made for the adequate payment of the principal of and interest on the bonds:  (1)(a) The visitors shall maintain in full force and effect any necessary admission fees or special student fee on a basis and in such amounts as will be sufficient, after taking into account net revenues and any other funds pledged to the payment of the bonds as provided under Section 59-121-440(4), to provide for the payment of the principal of and interest on the bonds as the same mature and to provide the required reserve therefor in any bond reserve fund. It is the duty of The Citadel to calculate the debt service requirements of the bonds not less frequently than annually and, if required at such time, appropriate revisions of any admissions fees or special student fee must be made by the visitors if such revisions are required, after taking into account net revenues for the year, to make adequate provisions for the payment of the principal of and interest on the bonds and the maintenance of any required reserve in a bond reserve fund.  (b) The admissions fees and the special student fee, if any, must bear such nomenclature as the visitors shall prescribe. The special student fee may, in the discretion of the visitors, be included as a part of any other fee. The visitors shall account for the receipt from any admissions fees and special student fee to the State Treasurer, for deposit by the State Treasurer in the debt service fund.  (2) The visitors shall cause to be established with the State Treasurer or its corporate trust designee on or before the occasion of the delivery of any bonds pursuant to this article, a debt service fund into which must be deposited annually sufficient funds as provided in this article to meet the payment of principal of and interest on the bonds for such year.  HISTORY: 2000 Act No. 356, Section 2(B).
SC Code § 59-121-450 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 121 - The Citadel, The Military University Of South Carolina|Section 59-121-450. Duration of authorizations granted by article; time limit for issuance of bonds.

 The authorizations granted by this article must remain of full force and effect until they are rescinded by subsequent enactment, and no time limit is set for the issuance of bonds pursuant to this article.  HISTORY: 2000 Act No. 356, Section 2(B).
SC Code § 59-122-10 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-10. Definitions.

 As used in this chapter:  (1) "Auxiliary facilities" means any dining or food service facilities operated to provide for the students, faculty, or staff at The Citadel, any lodging facilities provided for temporary use by student, faculty, staff, or guests of any of them or of The Citadel, and such other facilities or activities, including laundry facilities and facilities for the sale of sundry items, as are determined by the board to be necessary or appropriate in connection with student and faculty housing or other auxiliary facilities.  (2) "Board" means the Board of Visitors of The Citadel.  (3) "Bond" or "bonds" means any note, bond, installment contract, or other evidence of indebtedness issued pursuant to this chapter.  (4) "Facilities" means student and faculty housing auxiliary facilities or either of them.  (5) "Maximum annual debt service" means the total amount of principal, premium, if any, and interest due and payable by The Citadel in any fiscal year of The Citadel.  (6) "Revenues" means receipts of The Citadel from the operation of any of the facilities. 'Net revenues' means these receipts reduced by the necessary expenses for operation and maintenance of the facilities.  (7) "Authority" means the State Fiscal Accountability Authority.  (8) "Student and faculty housing" means any dormitories, barracks, or similar facilities intended for occupancy by students resident at The Citadel and any apartment or residence intended for occupancy by permanent or temporary members of the faculty or lecturers and authorized staff members at The Citadel.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-20 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-20. Authority to acquire, maintain, or rehabilitate student and faculty housing; authority to incur debt and issue bonds.

 (A) The board is authorized to acquire and maintain, by construction and purchase, such student and faculty housing and auxiliary facilities as it determines to be necessary, appropriate, or convenient to assist in the proper and efficient operation of The Citadel. The board is further authorized to undertake the renovation, refurbishment, or rehabilitation of any of its student and faculty housing and auxiliary facilities as it considers appropriate. In connection with this acquisition or renovation, the board also is authorized to acquire equipment, furnishings, and machinery as are necessary or desirable for the efficient and proper use of the facilities.  (B) To provide the money necessary to pay the costs incurred in the exercise of its powers, the board is authorized to incur indebtedness, the principal amount outstanding at any time may not exceed twenty-five million dollars and to apply the proceeds in accord with Section 59-122-30 of this chapter. The board is authorized to issue bond anticipation notes as provided in Chapter 17 of Title 11 and to refund or advance refund any bonds issued pursuant to this at such terms and under such conditions as it considers appropriate, with State Fiscal Accountability Authority or the Department of Administration, as appropriate, approval, following review by the Joint Bond Review Committee.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-30 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-30. Disposition of proceeds from sale of bonds.

 Any accrued interest received by The Citadel from the initial purchasers of the bonds must be used to pay the first maturing installment of interest on the bonds. The proceeds from the sale of bonds must be applied solely to the following:  (1) all costs incurred in connection with the issuance and sale of the bonds, including, but not limited to, any fees and expenses of any counsel or financial advisors, printing and rating agency costs, and the fees and expenses of any paying agent, fiduciary, registrar, or similar agent;  (2) all costs of acquiring or renovating any facilities, including, but not limited to, any architectural, design, engineering survey, or planning costs and any charges for the construction or acquisition of facilities, including, but not limited to, any necessary licenses, insurance, or bonding in connection with it; and  (3) interest on the bonds and other carrying charges until the facilities being acquired or renovated are placed in service.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-40 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-40. Requirements for issuance of bonds.

 (A) No bonds may be issued under the provisions of this chapter unless:  (1) the State Fiscal Accountability Authority or Department of Administration, as appropriate, following review by the Joint Bond Review Committee, approves the Board of Visitors' issue proposal; and  (2) the Board of Visitors demonstrates to the satisfaction of the State Fiscal Accountability Authority or Department of Administration, as appropriate, that one of the following tests is met:  (a) the net revenues that are to be pledged to the payment of any proposed issue of bonds, and any gifts, donations, and other funds, other than appropriated state funds, and the income from these sources to which The Citadel is entitled, which may be pledged to the payment of the bonds (including those proposed for issue), for the fiscal year preceding the date on which the issue of the bonds occurs, are equal to or greater than one hundred ten percent of the Maximum Annual Debt Service on all bonds (including those then being issued); or  (b) in the case of any refunding, the principal and interest payments due on the refunding bonds may not be greater than the principal and interest requirements on the bonds being refunded.  (B) The debt service on any bonds which is no longer outstanding within a year after the date of issue of any proposed bonds may be excluded in applying these tests. The test stated in (b) above is not exclusive with respect to refunding bonds which may qualify under any other tests or any other provisions of law.  (C) Before issuing any bonds, the Board of Visitors shall file a petition with the State Fiscal Accountability Authority or Department of Administration, as appropriate, which sets forth the nature and cost of the facilities to be acquired or renovated, the details of the bonds proposed to be issued, and the financial data and other information needed to demonstrate compliance with one of the foregoing tests.  (D) Following receipt of the petition and supporting information, the State Fiscal Accountability Authority or Department of Administration, as appropriate, shall make what it considers to be an appropriate independent study of the proposal, and, if it finds the proposal to be feasible, the board may approve the issuance of the bonds.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-50 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-50. Security for payment of bonds.

 The Citadel may pledge any part or all of the revenues or net revenues derived or to be derived from any or all of the facilities as security for the payment of any bonds. In addition, The Citadel may pledge any gifts, donations, and funds, other than appropriated state funds, and the income from those sources to which The Citadel is entitled, as security for the payment of any bonds. As additional security, The Citadel may establish a reserve fund, which may be funded from the proceeds of the bonds, to provide for payment on the bonds.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-60 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-60. State's faith and credit not pledged for payment; board members not personally liable.

 The faith and credit of the State of South Carolina is not pledged for the payment of the principal and interest of the bonds, and there must be on the face of each bond a statement plainly worded to that effect. Neither the members of the board nor any other person signing the bonds are personally liable for them.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-70 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-70. Issuance of bonds.

 The board shall adopt resolutions providing for the issuance of bonds of The Citadel, which prescribe the tenor, terms, and conditions of the bonds. The bonds may be issued as serial or term bonds, maturing in equal or unequal amounts, at such times, and on such occasions as the board may determine. If any bonds are issued as term bonds, a sinking fund must be established to provide for their retirement. The last maturing bonds of any issue must be expressed to mature not later than forty years from their date and the first maturing bonds of any issue must fall due within five years from their date. The bonds must bear such rates of interest, be payable in the denominations, in the medium of payment, and at the place as prescribed by resolutions. All bonds may be issued with a provision permitting their redemption on any interest payment date before their respective maturities as the board prescribes. Bonds made subject to redemption before their stated maturities may contain a provision requiring the payment of a premium for the privilege of exercising the right of redemption, in such amount or amounts as the board prescribes in the resolutions authorizing their issuance. All bonds subject to redemption must contain a statement to that effect on the face of each bond. The resolution authorizing their issuance must contain provisions specifying the manner of call and the notice of call that must be given.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-80 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-80. Bonds may be registered; debt by book-entry only system permitted; verification of bonds.

 Bonds issued pursuant to this chapter may be in fully registered form with ownership recorded on books of registry kept for that purpose by or at the direction of the board. The board may also provide for the incurrence of debt through use of a book-entry only system to be maintained by a securities depositary. The bonds may be executed by the manual or facsimile signatures of the officers as may be designated by the board, or the board may provide for such other means of verification of authenticity of the bonds as it may consider appropriate. In the event of any change in officials, bonds executed before the change continue to be valid.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-90 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-90. Bonds and interest exempt from taxation.

 The bonds authorized by this chapter and all interest to become due on them is exempt from taxation as provided in Section 12-1-60.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-100 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-100. Investment in bonds by fiduciaries permitted.

 It is lawful for all executors, administrators, guardians, and fiduciaries, all sinking fund commissions, and the Public Employee Benefit Authority and the State Fiscal Accountability Authority as cotrustees of the South Carolina Retirement System to invest any monies in their possession in these bonds.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-110 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-110. Sale of bonds by board; notice.

 The bonds may be disposed of in such manner as the board determines, except that no sale, privately negotiated without public advertisement, may be made unless approved by the State Fiscal Accountability Authority. If the board elects to sell the bonds at public sale, at least one advertisement of the sale must appear in a newspaper of general circulation in South Carolina not less than ten days before the opening of bids and, if no date is fixed in that advertisement, a subsequent notice must be provided either by like publication or other form of notice to parties requesting the notification not less than the business day before the sale.  HISTORY: 1989 Act No. 102, Section 2.
SC Code § 59-122-130 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 122 - The Citadel Housing Revenue Bonds|Section 59-122-130. Time limitation for issuance of bonds.

 No time limit is set for the issuance of bonds pursuant to this chapter.  HISTORY: 1989 Act No. 102, Section 5.
SC Code § 59-123-10 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-10. Change of name; programs limited to health area; new programs and organizational changes.

 The name of the Medical College of South Carolina is hereby changed to "The Medical University of South Carolina," it being the intent that this institution will limit its programs to those in the health area. It is further intended that any new programs undertaken by the institution will first be approved by the Commission on Higher Education and that no organizational changes in the operation and management of the institution shall be made as a result of the change in name.  HISTORY: 1962 Code Section 22-350; 1969 (56) 444.
SC Code § 59-123-20 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-20. Acceptance of transfer of property.

 The State of South Carolina hereby expressly declares that it accepts the conveyance and transfer of the property, real and personal, of The Medical University of South Carolina and the State Treasurer may receive and securely hold such property, both real and personal, and execute the necessary papers and receipts therefor as soon as the trustees and faculty of The Medical University of South Carolina shall convey and transfer such property to the State.  HISTORY: 1962 Code Section 22-351; 1952 Code Section 22-351; 1942 Code Section 5794; 1932 Code Section 5794; Civ. C. '22 Section 2813; 1913 (28) 188; 1952 (47) 1875; 1969 (56) 444.
SC Code § 59-123-30 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-30. Charter confirmed.

 The charter of The Medical University of South Carolina is hereby confirmed and extended with all the rights and privileges granted heretofore by the original act of incorporation or by any subsequent extension of its charter.  HISTORY: 1962 Code Section 22-352; 1952 Code Section 22-352; 1942 Code Section 5795; 1932 Code Section 5795; Civ. C. '22 Section 2814; 1913 (28) 188; 1952 (47) 1875; 1969 (56) 444.
SC Code § 59-123-40 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-40. Composition of board of trustees.

 The management and control of the university shall be vested in a board of trustees, to be composed as follows: the Governor or his designee, ex officio, fourteen members to be elected by the General Assembly in joint assembly and one member to be appointed by the Governor. The Governor shall make the appointment based on merit regardless of race, color, creed, or gender and shall strive to assure that the membership of the board is representative of all citizens of the State of South Carolina.  HISTORY: 1962 Code Section 22-353; 1952 Code Section 22-353; 1942 Code Section 5796; 1932 Code Section 5796; Civ. C. '22 Section 2815; 1913 (28) 188; 1937 (40) 486; 1965 (54) 639; 1969 (56) 444; 1983 Act No. 130, Section 10; 1991 Act No. 248, Section 6; 2012 Act No. 176, Section 7, eff May 25, 2012.  Effect of Amendment  The 2012 amendment substituted "fourteen" for "twelve".
SC Code § 59-123-70 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-70. Annual report of board.

 The board of trustees shall meet annually at the call of the chairman of the board and at such meeting shall prepare and present to the General Assembly a report on the condition of the university and of their receipts and expenditures for the preceding year and shall also prepare for presentation to the General Assembly an estimate of the sum required for the maintenance of the university for the next succeeding year.  HISTORY: 1962 Code Section 22-357; 1952 Code Section 22-357; 1942 Code Section 5799; 1932 Code Section 5799; Civ. C. '22 Section 2818; 1913 (28) 188; 1953 (48) 402; 1969 (56) 444.
SC Code § 59-123-80 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-80. Board authorized to grant rights-of-way for widening and extending streets; president authorized to sign necessary documents.

 The board of trustees of The Medical University of South Carolina may grant rights-of-way, easements, or otherwise convey to the city council of Charleston such property as they deem necessary and required for the purpose of widening and extending streets through The Medical University land when it shall be to the advantage of The Medical University. The president of The Medical University may sign all documents necessary to complete the transactions herein provided for, after they have been approved in writing by the board of trustees in each such instance.  HISTORY: 1962 Code Section 22-358; 1954 (48) 1714; 1969 (56) 444.
SC Code § 59-123-90 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-90. Board vested with power of eminent domain.

 The board of trustees of The Medical University of South Carolina is vested with the power of eminent domain. The authority granted in this section applies only to private lands. The lands condemned must be used by The Medical University in the performance of its functions in the acquisition, construction, and operation of facilities for the University. Any new construction undertaken by The Medical University within the corporate limits of the City of Charleston must be done in compliance with the parking regulations and ordinances of that city to the degree that the number of parking spaces required by the regulations and ordinances must be provided on Medical University property.  HISTORY: 1962 Code Section 22-369; 1975 (59) 49; 1987 Act No. 173, Section 54.
SC Code § 59-123-95 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-95. Board may borrow to purchase diagnostic and therapeutical equipment.

 In order to raise moneys which are required to pay the cost of diagnostic and therapeutical equipment for use in the hospital operated by The Medical University of South Carolina (The Medical University), the Board of Trustees of the University with the approval of the State Fiscal Accountability Authority of South Carolina (the state board) may borrow such amounts as shall be required for such purposes. Not more than two million dollars of debt created pursuant to this section shall be outstanding at any time.  The borrowing authorized by this section shall be in the form of notes of The Medical University payable solely from charges for the service or use rendered by the equipment. Upon its acquisition, an appropriate schedule of charges shall be placed in effect and maintained. All moneys received from the charges shall be remitted to the State Treasurer and deposited in a special fund to be applied to the payment of the principal and interest on the notes. With the approval of the state board any surplus in such fund may be used as a revolving fund to purchase additional diagnostic and therapeutic equipment.  No note may be issued hereunder unless the use of its proceeds, its terms, its maturities and the service charge to be imposed for the use of the purchased equipment is approved by the state board.  The charges imposed by authority of this section shall be in addition to the "special charge" established and maintained pursuant to Section 14 of act 1654 of 1972 imposed to secure in part all Plant Improvement Bonds of The Medical University now or hereafter issued.  HISTORY: 1977 Act No. 219, Part II, Section 17; 1978 Act No. 644, Part II, Section 42.
SC Code § 59-123-100 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 123 - The Medical University Of South Carolina|Section 59-123-100. Rules governing admissions not changed.

 Nothing contained in Sections 59-111-510 to 59-111-580 shall be construed to alter in any manner the law, rules or regulations governing admissions of students to The Medical University of South Carolina and all admissions of beneficiaries of scholarships under said sections shall be likewise subject to approval by the admitting authorities in the same manner as otherwise provided by law.  HISTORY: 1962 Code Section 22-364; 1952 Code Section 22-364; 1948 (45) 1966; 1952 (47) 1875; 1969 (56) 444.