reglab/housing_qa huggingface dataset:
SC Code § 59-69-210 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-210. Prerequisites to payment of claims.

 Every claim which is chargeable against the fund raised for the support of the free public schools of the State, except such as is otherwise provided for by law, must be signed by at least a majority of the board of trustees of the school district against which the claim is chargeable, and the correctness and legality of the same shall be sworn to and subscribed by the person presenting such claim before it shall be approved by the person or persons authorized by law to give such approval. The oath required by this section may be administered by any person authorized to administer oaths either within or without the State. School trustees and county superintendents of education shall, free of charge, administer oaths to persons presenting claims under this section.  HISTORY: 1962 Code Section 21-951; 1952 Code Section 21-951; 1942 Code Section 5355; 1932 Code Section 5381; Civ. C. '22 Section 2627; Civ. C. '12 Section 1758; Civ. C. '02 Section 1216; 1896 (22) 165; 1940 (41) 1843; 1943 (43) 2; 1946 (44) 1383.
SC Code § 59-69-215 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-215. Treasurer of county to disburse funds to school district.

 Notwithstanding the provisions of this article, the treasurer of any county shall disburse to any school district within his county any funds which he may have on hand available for use in the operation of the school district; provided, the governing body of the school district requests disbursement to the school district funds as they become available and; provided, further, that the governing body of the county concurs in the request made by the district. Upon receipt of the school district funds, it may maintain its own bank account for the purpose of making disbursement for the payment of expenses approved by the governing body of the district. Funds received by the school district from the county treasurer which are not needed for immediate disbursement may be invested by the district in interest bearing accounts or certificates of deposit issued by banking institutions or savings and loan associations licensed to do business in this State or in securities issued by or guaranteed by the United States Government. Upon establishing the disbursement method from the county treasurer to the district, the disbursement by the county treasurer shall continue to the district as funds become available unless the procedure is rescinded by action of the governing body of the district or the county governing body.  HISTORY: 1982 Act No. 417, Section 2.
SC Code § 59-69-220 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-220. Approval of warrants by county superintendent of education or his agent.

 No school warrants issued by any board of school trustees against any public school fund shall be paid by the county treasurer or other officer having the custody of such fund until the warrant has been approved by the county superintendent of education of the county in which such warrant is drawn or by such person in the office of such county superintendent as may be designated by him in writing, provided the person designated shall have furnished good and sufficient bond payable to the county for the faithful performance of his duties in the sum of one thousand dollars or in the sum of the bond of the county superintendent of education, whichever is higher.  HISTORY: 1962 Code Section 21-954; 1952 Code Section 21-954; 1942 Code Section 5356; 1932 Code Section 5382; Civ. C. '22 Section 2628; Civ. C. '12 Section 1759; 1909 (26) 132; 1946 (44) 1563; 1947 (45) 280.
SC Code § 59-69-230 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-230. Payments from school funds.

 All moneys disbursed by any county treasurer on account of school funds or taxes shall be paid on the order of the board of school trustees, countersigned by the county superintendent of education, or as otherwise directed by law.  HISTORY: 1962 Code Section 21-957; 1952 Code Section 21-957; 1942 Code Section 5368; 1932 Code Section 5397; Civ. C. '22 Section 2641; Civ. C. '12 Section 1773; Civ. C. '02 Section 1224; 1896 (22) 165; 1917 (30) 342.
SC Code § 59-69-240 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-240. County treasurer required to report monthly to county superintendent of education.

 Each county treasurer shall report monthly, on the fifteenth day of each month, to the county superintendent of education of his county the amount of collections and disbursements made by him for the month on account of school tax and all other school funds. It shall be a misdemeanor on the part of any county treasurer to neglect, fail or refuse to make such report and, on conviction thereof, he shall pay a fine of not more than five hundred dollars to be used for school purposes in his county.  HISTORY: 1962 Code Section 21-959; 1952 Code Section 21-959; 1942 Code Section 5367; 1932 Code Section 5396; Civ. C. '22 Section 2640; Civ. C. '12 Section 1772; Civ. C. '02 Section 1223; 1896 (22) 165.
SC Code § 59-69-250 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-250. Treasurer required to carry forward unexpended balances; report.

 The county treasurer shall carry forward all sums in his hands collected for any previous year or years for school purposes and unexpended to the next fiscal year and credit the same to the school districts respectively, for which they were apportioned. He shall report such sums to the county superintendent of education.  HISTORY: 1962 Code Section 21-960; 1952 Code Section 21-960; 1942 Code Section 5369; 1932 Code Section 5399; Civ. C. '22 Section 2643; Civ. C. '12 Section 1775; Civ. C. '02 Section 1226; 1896 (22) 165.
SC Code § 59-69-260 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-260. Certain officials prohibited from acquiring interest in claims or contracts.

 It is unlawful for any county treasurer, county auditor, member of a county board of education, or school trustee to buy, discount, or share, directly or indirectly, or be in any way interested in any teacher's pay certificate or other order on a school fund, except those as are payable to him for his own services. If any of the above officers violate the provisions of this section, he is guilty of a misdemeanor and upon conviction must be fined not less than one hundred dollars nor more than five hundred dollars to be used for school purposes in his county or must be imprisoned not less than three months nor more than twelve months, or both. He shall also forfeit the amount of the claim or of his interest in the claim.  The provisions of this section do not prohibit a county board of education member, a school trustee, or a business with which he is associated from providing services or selling products to the district of which he is a board member or trustee as long as all these transactions are in accordance with the provisions of Chapter 13 of Title 8.  HISTORY: 1962 Code Section 21-961; 1952 Code Section 21-961; 1942 Code Section 5370; 1932 Code Sections 1555, 5400; Civ. C. '22 Section 2644; Civ. C. '12 Section 1776; Civ. C. '02 Section 1227; Cr. C. '22 Section 503; Cr. C. '12 Section 575; Cr. C. '02 Section 418; R. S. 2561; 1896 (22) 150; 1900 (23) 366; 1986 Act No. 393, Section 1.
SC Code § 59-69-270 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 69 - School Funds Generally|Section 59-69-270. Borrowing to pay school claims.

 The county treasurer and the county supervisor or other managing officer of the several counties in this State shall, upon the application of the county boards of education of the respective counties, borrow from time to time during any fiscal year such sums of money as may be necessary to pay the school claims of such counties, not to exceed seventy-five per cent of the amount reported by the county auditors for schools for such fiscal year. In addition thereto they may borrow not exceeding fifty per cent of the estimated receipts from the State for school aid or any other school fund that may be estimated to be paid to such county, at a rate of interest not exceeding the rate of six per cent per annum. They may pledge the taxes to be collected for that purpose or the funds to be paid therefor as security for the payment of the money so borrowed and the interest thereon. All money borrowed shall be held and paid out by the county treasurer as school funds and without extra commission.  HISTORY: 1962 Code Section 21-962; 1952 Code Section 21-962; 1942 Code Section 5371; 1932 Code Section 5427; Civ. C. '22 Section 2692; Civ. C. '12 Section 1806; 1902 (23) 1019; 1914 (28) 9; 1929 (36) 224; 1942 (42) 1454.
SC Code § 59-71-10 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-10. Short title.

 This article may be cited as the "School Bond Act."  HISTORY: 1962 Code Section 21-971; 1952 Code Section 21-971; 1951 (47) 759.
SC Code § 59-71-20 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-20. Definitions.

 As used in this article:  (1) The word "authorities" shall mean the board of trustees or the commission vested by law with the duty of operating the public schools in any particular district, unit or county of the State;  (2) The term "operating school unit" shall mean any type of school district, whether it be located in its entirety in one county or located partly in more than one county or, in case the schools of any county be operated by the county unit plan, the county;  (3) The term "capital improvements" shall mean the constructing, improving, equipping, renovating and repairing of school buildings or other school facilities or the cost of the acquisition of land whereon to construct or establish such school facilities; and  (4) The term "county board" shall mean the county board of education of the county wherein the operating school unit is located, except that when an operating school unit is located partly in one county and partly in another county such term shall in such instances relate to the county boards of education of the counties wherein the operating school unit is located.  HISTORY: 1962 Code Section 21-972; 1952 Code Section 21-972; 1951 (47) 759.
SC Code § 59-71-30 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-30. Authorities of operating school units authorized to issue general obligation bonds.

 The authorities of any operating school unit may issue general obligation bonds of such operating school unit for the purpose of defraying the cost of capital improvements to any amount not exceeding the constitutional debt limitation applicable to such operating school unit, if:  (1) The election required by this article as a condition precedent to the issuance of bonds results favorably thereto;  (2) The bonds are issued within three years following the holding of the election; and  (3) The county board wherein such operating school unit is located, if there is such, shall give its approval to the issuance of such bonds.  HISTORY: 1962 Code Section 21-973; 1952 Code Section 21-973; 1951 (47) 759.
SC Code § 59-71-40 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-40. Election.

 The election hereby required shall be ordered by the authorities, who shall fix the date thereof and prescribe the form of the notice of the holding of the election. Advices of the action thus taken by the authorities shall be transmitted to the commissioners of election for the county, or counties, wherein the election is to be held. It shall thereupon become the duty of the commissioners of election to conduct the election so ordered. To that end, the commissioners of election shall prescribe the form of ballot, arrange for voting places in each precinct, or any part of a precinct, constituting all or a portion of the operating school unit, appoint managers, and receive the returns of the election. After duly canvassing the returns, the commissioners of election shall declare the results thereof and certify such results to the authorities.  HISTORY: 1962 Code Section 21-974; 1952 Code Section 21-974; 1951 (47) 759; 1956 (49) 1680.
SC Code § 59-71-50 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-50. Notice of election.

 Notice of the holding of such an election shall be given by publication thereof, in some newspaper published in the county wherein the operating school unit is located, at least once not less than fifteen days prior to the occasion set for the holding of such election. If the operating school unit lies partly in one county and partly in another the publication required by this section shall be made in both counties. Such notice shall state:  (1) The occasion of the holding of the election;  (2) The location of the several polling places;  (3) The qualifications imposed upon persons desirous of voting;  (4) The amount of bonds to be issued; and  (5) A brief description of the purpose for which the proceeds of the bonds shall be applied.  HISTORY: 1962 Code Section 21-975; 1952 Code Section 21-975; 1951 (47) 759.
SC Code § 59-71-60 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-60. Declaration of result of election; declaration conclusive unless contested within thirty days.

 Upon the receipt of the returns of the election the authorities shall by resolution declare the results thereof and may provide for the filing of a certified copy of such resolution declaring the results of the election in the office of the clerk of the court for each county wherein the operating school unit is located. In such event the results of the election, as declared by resolution of the authorities so certified and filed, shall not be open to question except by a suit or proceeding instituted within thirty days from the date of the filing thereof.  HISTORY: 1962 Code Section 21-976; 1952 Code Section 21-976; 1951 (47) 759.
SC Code § 59-71-70 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-70. Maturity of bonds.

 Such bonds shall mature in such annual series or installments as the authorities shall provide, except that:  (1) The first maturing bonds shall mature within three years from the date as of which they may be issued;  (2) Not less than three per cent of the aggregate of the issue shall mature in any year; and  (3) No bond shall mature later than twenty-five years from the date as of which it may be issued.  The provisions of this section shall not prevent the authorities from issuing the aggregate of the bonds authorized by the election on one or more occasions as two or more issues.  HISTORY: 1962 Code Section 21-977; 1952 Code Section 21-977; 1951 (47) 759.
SC Code § 59-71-80 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-80. Provision for redemption.

 Any bond may be issued with a provision for its redemption prior to its stated maturity at par and accrued interest, plus such redemption premium as may be prescribed by the authorities, but no bond shall be redeemable before maturity unless it contains a statement to that effect. In the proceedings authorizing the issuance of such bonds, provision shall be made specifying the manner of call and the notice thereof that must be given.  HISTORY: 1962 Code Section 21-978; 1952 Code Section 21-978; 1951 (47) 759.
SC Code § 59-71-90 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-90. Negotiability and registration.

 The bonds issued pursuant to this article shall be in the form of negotiable coupon bonds, payable to bearer, with the privilege to the holder of having them registered as to principal on the books of the treasurer of the county wherein the operating school unit is located, in whole or in part, and the principal thus made payable to the registered holder (unless the last registered transfer shall have been to bearer) upon such conditions as the authorities may prescribe. Unless registered such bonds shall have all the qualities of negotiable instruments under the law merchant and the Uniform Commercial Code.  HISTORY: 1962 Code Section 21-979; 1952 Code Section 21-979; 1951 (47) 759.
SC Code § 59-71-100 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-100. Place of payment.

 The bonds issued pursuant to this article shall be made payable at such places, within or without the State, as the authorities shall provide.  HISTORY: 1962 Code Section 21-980; 1952 Code Section 21-980; 1951 (47) 759.
SC Code § 59-71-110 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-110. Interest rate.

 Such bonds shall bear interest at rates to be named by the authorities.  HISTORY: 1962 Code Section 21-981; 1952 Code Section 21-981; 1951 (47) 759.
SC Code § 59-71-120 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-120. Execution of bonds.

 Such bonds and the coupons annexed thereto shall be executed in the manner provided for by the authorities.  HISTORY: 1962 Code Section 21-982; 1952 Code Section 21-982; 1951 (47) 759.
SC Code § 59-71-130 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-130. Sale of bonds.

 The bonds shall be sold at public sale, after advertisement of such sale in a newspaper having general circulation in the State or in a financial publication published in the city of New York or, in the discretion of the authorities, in both such publications. Such advertisement shall appear not less than ten days prior to the occasion set for such sale. The bonds may be disposed of at private sale if there are no bids received or if all bids are rejected. The provisions of this section shall not prevent a sale at private sale to the United States of America or any agency thereof.  HISTORY: 1962 Code Section 21-983; 1952 Code Section 21-983; 1951 (47) 759.
SC Code § 59-71-140 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-140. Minimum sales price.

 All such bonds must be sold at a price of not less than par and accrued interest to the date of delivery.  HISTORY: 1962 Code Section 21-984; 1952 Code Section 21-984; 1951 (47) 759.
SC Code § 59-71-150 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-150. Credit pledged for payment; tax.

 For the payment of the principal and interest on such bonds as they respectively mature and for the creation of such sinking fund as may be necessary therefor the full faith, credit and resources of the operating school unit are irrevocably pledged and there shall be levied annually by the auditor of each county wherein such operating school unit is located, and collected by the treasurer of such county in the same manner as county taxes are levied and collected, a tax, without limit, on all taxable property in such operating school unit sufficient to pay the principal and interest of such bonds as they respectively mature and to create such sinking fund as may be necessary therefor.  HISTORY: 1962 Code Section 21-985; 1952 Code Section 21-985; 1951 (47) 759.
SC Code § 59-71-160 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-160. Exemption of bonds from taxes.

 Bonds issued under this article shall be exempt from all State, county, municipal, school district and other taxes or assessments, direct or indirect, general or special, whether imposed for the purpose of general revenue or otherwise.  HISTORY: 1962 Code Section 21-987; 1952 Code Section 21-987; 1951 (47) 759.
SC Code § 59-71-170 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-170. Bonds as legal investments.

 It shall be lawful for all executors, administrators, guardians, committees and other fiduciaries and all sinking fund commissions to invest any moneys in their hands in bonds issued under this article.  HISTORY: 1962 Code Section 21-988; 1952 Code Section 21-988; 1951 (47) 759.
SC Code § 59-71-180 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-180. Deposit and use of proceeds.

 The proceeds derived from the sale of the bonds must be deposited with the treasurer of the county in which the operating school unit is located, in whole or in part, in a special fund to the credit of the operating school unit and must be applied solely to the purposes for which the bonds were issued, except that the accrued interest, if any, must be used to discharge in part the first interest to become due on the bonds.  HISTORY: 1962 Code Section 21-989; 1952 Code Section 21-989; 1951 (47) 759; 2004 Act No. 184, Section 6, eff March 15, 2004.  Effect of Amendment  The 2004 amendment substituted "in which" for "wherein" following "treasurer of the county", deleted "premium, if any, shall be placed in the sinking fund established by Section 59-71-150 and the" preceding "accrued interest", and substituted "must" for "shall" throughout.
SC Code § 59-71-190 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-190. Investment of sinking funds in defense securities.

 The county treasurers of the various counties of the State may invest the sinking funds of the school districts of their respective counties in United States Defense Bonds and Defense Securities upon the written request of the county superintendent of education and a majority of the trustees of the school district whose funds are to be invested.  HISTORY: 1962 Code Section 21-990; 1952 Code Section 21-990; 1942 (42) 1549.
SC Code § 59-71-310 (2021)
2021 South Carolina Code of Laws|Title 59 - Education|Chapter 71 - School Bonds|Section 59-71-310. Resolution of school district concerning bonds in default.

 The district board of any school district authorized to issue general obligation bonds of the school district is hereby authorized to provide by resolution duly adopted that if the principal or interest of any general obligation bonds issued by the school district are not paid when they become due, the holder of the bonds and coupons may present them to the State Treasurer of South Carolina who, to the extent that moneys shall be available to the school district for any purpose and from any source, shall effect payment of them and charge such payments to the account of the school district and diminish the payments otherwise to be made to the extent thereof; provided, that no such resolution shall be effective unless it has been approved by the State Treasurer as provided in Section 59-71-320.  HISTORY: 1962 Code Section 21-993; 1973 (58) 652.