reglab/statecodes huggingface dataset:
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-150. Clemson University authorized to purchase computer; agreement for furnishing data processing services to State Department of Social Services.

The Clemson University Board of Trustees is hereby given authority for the purchase of computer equipment to be acquired during the fiscal year beginning July 1, 1976, and to borrow money necessary for the purchase of the computer equipment and to pay for other costs incidental thereto.
The term of the loan as provided herein shall not exceed seven (7) years and the debt service shall be financed by payments for the use of said computer.
Provided, Further, The Clemson University Board of Trustees is hereby given authority to enter into a contract of a duration not exceeding seven (7) years, commencing in the fiscal year beginning July 1, 1976, with the State Department of Social Services, in order to provide automatic data processing services to the Department of Social Services, and receive payment therefor.
Provided, Further, The State Board of Social Services is hereby given authority to enter into a contract of a duration not exceeding seven (7) years, with Clemson University, commencing in the fiscal year beginning July 1, 1976, in order to receive automatic data processing services from Clemson University and make payment therefor.
HISTORY: 1976 Act No. 709, Part II, Section 15.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-160. South Carolina Energy Research and Development Center established at Clemson University; advisory board; purposes.

(1) There is hereby established a South Carolina Energy Research and Development Center to be located at, under the auspices of, and in conjunction with Clemson University.
(2) Clemson University shall establish an advisory board for the center whose composition shall include members of the South Carolina Senate, House of Representatives and the Joint Legislative Committee on Energy and shall also include representatives from the Governor's office, private industry and state colleges and universities.
(3) The Energy Research and Development Center may share with Clemson University existing personnel, facilities and equipment.
(4) The purpose of the Energy Research and Development Center shall be to:
(a) complement federal energy research and development efforts by addressing aspects of the energy problem solutions that would be unique and germane to South Carolina;
(b) complement other state energy efforts by providing contracted technical support to various state agencies;
(c) allow university personnel to undertake energy projects too large and too complex to be handled by standard academic units; and
(d) conduct industrially-oriented energy projects as a service to the state's industries and commerce.
HISTORY: 1981 Act No. 178, Part II, Section 8.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-165. Transfer of certain agricultural funds to Clemson-PSA (Public Service Activities); use of funds; report.

The State Fiscal Accountability Authority, in conjunction with the Department of Education, shall transfer all federal funds associated with Agricultural Education at the Department of Education to Clemson-PSA (Public Service Activities) no later than July fifteenth of each fiscal year. Notwithstanding any other provisions of law, funds and positions transferred to Clemson-PSA from the Department of Education for Agricultural Education shall be used for personnel positions and related office and travel expenses to provide overall leadership, coordination, and structure for agricultural education programs, and South Carolina Association of Young Farmers activities in the public schools of this State. Clemson-PSA shall provide a report to the Department of Education on the use and expenditure of the federal funds transferred by the Department of Education to Clemson-PSA no later than December first of each fiscal year.
HISTORY: 1998 Act No. 419, Part II, Section 14.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-310. Establishment of municipal corporation; boundaries.

A municipal corporation is hereby created, known as Clemson University, the limits of which shall consist of all lands belonging to Clemson University and cover all the territory included in a circle formed with the university building as a center, with a radius of five miles, thus making the diameter of the circle ten miles, within which boundaries the jurisdiction of the corporation shall extend.
HISTORY: 1962 Code Section 22-231; 1952 Code Section 22-231; 1942 Code Section 5759; 1932 Code Section 5759; Civ. C. '22 Section 2854; Civ. C. '12 Section 1907; Civ. C. '02 Section 1320; 1894 (21) 915; 1901 (23) 830.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-320. Board of trustees shall be governing body; recorder.

The board of trustees of Clemson University and their successors in office shall have perpetual control and direct the affairs of such municipal corporation. The board, by a majority vote, shall recommend a suitable person as recorder, who shall be commissioned by the Governor, shall have the same jurisdiction within the territory described in Section 59-119-310 as a magistrate and may carry out and enforce all ordinances of the board of trustees of Clemson University and punish violations thereof by fine or imprisonment within the jurisdiction hereinabove defined. Said board of trustees shall make such rules for the maintenance of order and provide such punishments, within the jurisdiction above defined, by fine or imprisonment, as will keep the territory within their jurisdiction free from nuisances and enforce the police regulations of the State.
HISTORY: 1962 Code Section 22-232; 1952 Code Section 22-232; 1942 Code Section 5760; 1932 Code Section 5760; Civ. C. '22 Section 2855; Civ. C. '12 Section 1908; Civ. C. '02 Section 1321; 1894 (21) 915; 1901 (23) 830; 1923 (33) 152.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-330. Trustees authorized to license or prohibit sales.

The board of trustees of Clemson University may make such bylaws as they deem proper to license or prohibit the sale of goods, wares and merchandise of any kind whatever on the grounds belonging to the university as are not repugnant to the laws of the State.
HISTORY: 1962 Code Section 22-233; 1952 Code Section 22-233; 1942 Code Section 5761; 1932 Code Section 5761; Civ. C. '22 Section 2856; Civ. C. '12 Section 1909; Civ. C. '02 Section 1322; R. S. 1135; 1892 (21) 88.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-340. Constables.

The board may appoint one or more special constables who shall exercise all the power of a State constable or of a municipal policeman to enforce obedience to the ordinances of the board and to the laws of the State.
HISTORY: 1962 Code Section 22-234; 1952 Code Section 22-234; 1942 Code Section 5762; 1932 Code Section 5762; Civ. C. '22 Section 2857; Civ. C. '12 Section 1910; Civ. C. '02 Section 1323; 1894 (21) 915.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-350. Trustees not given right to levy or collect taxes.

Nothing contained in this article shall give such board of trustees the right to levy or collect any tax.
HISTORY: 1962 Code Section 22-235; 1952 Code Section 22-235; 1942 Code Section 5763; 1932 Code Section 5763; Civ. C. '22 Section 2858; Civ. C. '12 Section 1911; Civ. C. '02 Section 1324; 1894 (21) 915.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-360. Annual report.

A report of all its proceedings under this article shall be made, annually, by the board to the General Assembly.
HISTORY: 1962 Code Section 22-236; 1952 Code Section 22-236; 1942 Code Section 5764; 1932 Code Section 5764; Civ. C. '22 Section 2859; Civ. C. '12 Section 1912; Civ. C. '02 Section 1325; G. S. 598; R. S. 1134; 1879 (17) 74.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-510. Authorization, generally.

Clemson University, in this article referred to as the university, may issue revenue bonds of the university for the purpose of financing or refinancing in whole or in part the cost of construction, reconstruction, improvement and equipment of buildings for the purposes of the university, including, without limiting the generality of the foregoing apartment buildings, dwelling houses, dining halls, cafeterias and inns or for any one or more of such purposes.
HISTORY: 1962 Code Section 22-271; 1952 Code Section 22-271; 1950 (46) 2662.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-530. Additional terms of bonds.

Such revenue bonds may be issued in one or more series, may bear such date or dates, may mature at such time or times, not exceeding forty years from their respective dates, may bear interest at such rate or rates, not exceeding four per cent per annum, payable semiannually, may be payable in such medium of payment and at such place or places, may be in such denomination or denominations, may be in such form, either coupon or registered, may carry such registration privileges, may be subject to such terms of redemption before maturity, with or without premium, and may contain such terms, covenants and conditions as the resolution authorizing the issuance of such bonds may provide. Such bonds shall be fully negotiable within the meaning of and for all the purposes of the Uniform Commercial Code.
HISTORY: 1962 Code Section 22-273; 1952 Code Section 22-273; 1950 (46) 2662.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-550. Execution of bonds.

Such bonds shall be signed in the corporate name of the university by the chairman of the board of trustees of the university, under the corporate seal of the university attested by the secretary of the board of trustees. Interest coupons attached to the bonds shall be signed by the facsimile signatures of such officers. Such bonds may be issued notwithstanding that any of the officials signing them or whose facsimile signatures appear on the coupons shall have ceased to hold office at the time of such issue or at the time of the delivery of such bonds to the purchaser.
HISTORY: 1962 Code Section 22-275; 1952 Code Section 22-275; 1950 (46) 2662.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-560. Sale of bonds.

Such bonds shall be sold at public or private sale upon such terms and conditions as the board of trustees of the university deems advisable.
HISTORY: 1962 Code Section 22-276; 1952 Code Section 22-276; 1950 (46) 2662.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-570. Board shall file description of bonds with State Treasurer.

The board of trustees or its proper administrative officers shall file with the State Treasurer within thirty days from the date of their issuance a complete description of all obligations entered into by the board, with the rates of interest, maturity dates, annual payments and all pertinent data.
HISTORY: 1962 Code Section 22-277; 1952 Code Section 22-277; 1950 (46) 2662.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-580. Enforcement of provisions of resolution.

All provisions of a resolution authorizing or providing for the issuance of the bonds in accordance with Section 59-119-520 and of such covenants and agreements shall constitute valid and legally binding contracts between the university and the several holders of the bonds, regardless of the time of issuance of such bonds, and shall be enforceable by any such holder or holders by mandamus or other appropriate action, suit or proceeding at law or in equity in any court of competent jurisdiction.
HISTORY: 1962 Code Section 22-278; 1952 Code Section 22-278; 1950 (46) 2662.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-590. Revenues available for payment of bonds.

Such bonds shall be made payable solely from the revenues derived by the university from the operation of the building or buildings for which the bonds are issued or, in the discretion of the board of trustees of the university, from such revenues and also from any other revenues of the university, except revenues pledged to the payment of other obligations outstanding on May 27, 1950 and revenues derived from appropriations received from the General Assembly. The bonds shall not be obligations of the State.
HISTORY: 1962 Code Section 22-279; 1952 Code Section 22-279; 1950 (46) 2662.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-710. Purpose; authorization.

(A) The General Assembly finds that it is desirable to provide continuing and general statutory authority for Clemson University to incur debt for, among other things, the purposes of providing funds to acquire, construct, renovate, and equip certain revenue-producing auxiliary facilities, which debt is secured by a pledge of the revenues derived from the operation of some or all of the facilities. Clemson University has demonstrated need for additional funds to provide for acquisition, construction, renovation, and equipping of these facilities. These facilities are needed to replace or renovate aging facilities and to provide additional facilities all to the end that the educational environment at Clemson University will be enhanced for the benefit of present and potential students at Clemson University.
(B) Consideration has been given to this need and to the methods of funding it. It has been determined to be in the best interests of the people of this State to authorize Clemson University to acquire, construct, renovate, and equip additional facilities and to incur indebtedness for these purposes which is payable from the revenues derived from the operation of these facilities to the extent and under the conditions provided for in this article.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-720. Definitions.

As used in this article:
(1) "Bond" or "bonds" means any note, bond, installment contract, or other evidence of indebtedness issued pursuant to this chapter.
(2) "Clemson" means Clemson University.
(3) "Facilities" means any or all of the following facilities operated to provide for the students, faculty, or staff at Clemson: dining or food service facilities; laundry facilities; canteen facilities; vending machines; convenience stores; any other facilities for the sale of sundry items; health services; book stores; parking lots and vehicle registration; and all furniture, furnishings and equipment in them, which are now owned by Clemson, or which may be acquired by Clemson for any of these purposes.
(4) "Revenues" of any facilities means the entire receipts of Clemson from the operation of the facilities. 'Net revenues' means these receipts reduced by the necessary expenses for operation and maintenance of the facilities.
(5) "Authority" means the State Fiscal Accountability Authority.
(6) "Trustees" means the Board of Trustees of Clemson or any successor body.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-730. Trustees authorization; acquisition of facilities; bond refunds.

The trustees are authorized to acquire additional facilities and to improve and renovate existing facilities to the extent they determine to be necessary; and the proceeds of bonds authorized by this article are made available for that purpose. The trustees also are authorized to refund bonds that may from time to time be outstanding pursuant to this article by exchange or otherwise.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-740. Issuance of bonds; limit.

Upon receiving the approval of the State Fiscal Accountability Authority or the Department of Administration, as appropriate, and upon review by the Joint Bond Review Committee, the trustees may from time to time borrow such sums as may be necessary to accomplish the purpose of this article and to evidence these borrowings by bonds issued pursuant to this article in such aggregate principal amount as they determine, except that other provisions of this article to the contrary notwithstanding, there may not be outstanding at any time bonds issued pursuant to this article in excess of twenty-five million dollars.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-750. Funding of bonds; security, generally.

Bonds issued pursuant to this article must be payable from the revenues or the net revenues derived by Clemson from these facilities as designated by the trustees with respect to the bonds. The trustees may abandon the use of any portion of the facilities or sell or dispose of any portion of the facilities upon receipt of a written recommendation by the chief financial officer of Clemson to the effect that the action will not adversely affect the ability of Clemson to discharge its obligations to the holders of bonds issued pursuant to this article and upon the further conditions as prescribed in the resolution of the trustees providing for the issuance of bonds. The bonds issued pursuant to this article may be further secured by the additional pledges of other revenues or fees of Clemson as it may be authorized to grant pursuant to other laws of this State.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-760. Bonds not guaranteed by State; trustees not personally liable.

The faith and credit of the State may not be 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 trustees nor any other person signing the bonds is personally liable for them.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-770. Bond specifications; issuing resolutions.

In order to avail themselves of the authorizations set forth in this article, the trustees shall adopt resolutions providing for the issuance of bonds of Clemson, within the limitations mentioned in this article which must prescribe the tenor, terms, and conditions of the bonds. The bonds must be issued as serial or term bonds, maturing in equal or unequal amounts, at such times and on such occasions as the trustees determine. The last maturing bonds of any issue must be expressed to mature not later than fifty years from their date, and the first maturing bonds of any issue, issued pursuant to this article, falls due within five years from their date. They must bear such rates of interest, payable on such occasion, as the trustees prescribe, and the bonds must be in such denominations, payable in such medium of payment, and at such place as such resolutions prescribe. All bonds may be issued with a provision permitting their redemption on any interest payment date before their respective maturities. 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 trustees prescribe in the resolutions authorizing their issuance. All bonds that are subject to redemption must contain a statement to that effect on the face of each bond. The resolutions authorizing their issuance must contain provisions specifying the manner of call and the notice of call that must be given.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-790. Who may invest in bonds.

It is lawful for all executors, administrators, guardians, and fiduciaries, all sinking fund commissions, the Public Employee Benefit Authority and the State Fiscal Accountability Authority, as cotrustees of the South Carolina Retirement System, and all other governmental entities within this State to invest any monies in their hands in the bonds.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-800. Execution of bonds and coupons; registration as to principal and interest.

The bonds and coupons, if any, attached to the bonds, are executed manually or by facsimile in the name of Clemson in the manner and by persons as the trustees from time to time determine, and the seal of Clemson must be affixed to or impressed or reproduced on each bond. Any coupons attached to the bonds must be authenticated by the facsimile signature of one or more of the persons signing the bonds. The bonds, in the discretion of the trustees, may be registerable as to principal and interest on books kept for them by or on behalf of Clemson, including by a corporate registrar. The delivery of the executed bonds is valid notwithstanding changes in officers or in the seal occurring after the execution. Notwithstanding the foregoing, the bonds, in the discretion of the trustees, may be issued as fully registered noncertificated book-entry securities.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-810. Sale; advertisement; discounts.

The bonds must be disposed of in such manner as the trustees determine, except that no sale, privately negotiated without public advertisement, may be made unless the approval of the State Fiscal Accountability Authority is obtained. If the trustees elect to sell the bonds at public sale, at least one advertisement of them must appear in some newspaper of general circulation in this State not less than seven days before the date fixed for the opening of bids. The bonds may be sold at such discount or for such premium as may be determined by the trustees or their designee as being in the best interest of Clemson.
HISTORY: 1990 Act No. 502, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-910. Legislative findings and intention.

(A) The General Assembly finds that it is desirable to provide continuing and general statutory authority for Clemson University to incur debt for the purpose of, among other things, acquiring, constructing, renovating, and equipping certain athletic facilities, which debt is secured by a pledge of the revenues derived from the operation of the athletic department of Clemson University and by the proceeds of certain related admissions fees and special fees charged to students enrolled at Clemson University. Clemson University has demonstrated need for additional funds to provide for acquisition, construction, renovation, and equipping of such facilities. These facilities are needed to replace or renovate aging facilities and to provide additional facilities all to the end that the educational environment at Clemson University will be enhanced for the benefit of present and future students at Clemson University.
(B) Consideration has been given to this need and to the methods of funding it. It has been determined to be in the best interests of the people of this State to authorize Clemson University to acquire, construct, renovate, and equip additional such facilities and to incur indebtedness for these purposes which is payable from the revenues derived from the operation of these facilities and from related fees to the extent and under the conditions provided for in this article.
(C) Heretofore, pursuant to Acts 466 of 1957, 905 of 1960, 1277 of 1970, 1653 of 1972, 1303 of 1974, 760 of 1976, and 193 and 194 of 1983, the General Assembly has previously made provision for the issuance of revenue bonds of Clemson University for the purpose of financing and refinancing improvements to the football stadium on the campus of Clemson University known as Memorial Stadium. By this article, the General Assembly intends to amend and restate these acts for the purpose of broadening the scope of athletic facilities on the campus of Clemson University which may be financed or refinanced from the proceeds of bonds which are payable from revenues of the athletic department of Clemson University and related fees.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-930. Athletic facilities; bond proceeds; bond refunds; bond reserve funds; interest; issuance costs.

The trustees are authorized to acquire, construct, and equip additional athletic facilities and to improve, renovate, and equip existing athletic facilities to the extent they shall determine to be necessary, and the proceeds of bonds authorized by this article are made available for that purpose. The trustees also are authorized to refund bonds that may from time to time be outstanding pursuant to this article by exchange or otherwise. A portion of the proceeds of bonds issued for any of the above purposes also may be used to fund, establish, or replenish any bond reserve fund, to pay interest on the bonds as provided in Section 59-119-1040(1), or to pay costs of issuance of the bonds or of any credit enhancement for the bonds as may be deemed necessary by the trustees.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-940. Borrowings; limitations on bonds.

Upon receiving the approval of the State Fiscal Accountability Authority or the Department of Administration, as appropriate, and upon review by the Joint Bond Review Committee, the trustees may from time to time borrow such sums as necessary to accomplish the purpose of this article and to evidence such borrowings by bonds issued pursuant to this article in the aggregate principal amount as they determine, except that other provisions of this article to the contrary notwithstanding, there must not be outstanding at any time bonds issued pursuant to this article in the aggregate principal amount as they determine, except that other provisions of this article to the contrary notwithstanding, there must not be outstanding at any time bonds issued pursuant to this article in excess of two hundred million dollars.
HISTORY: 1997 Act No. 144, Section 1; 2004 Act No. 198, Section 1, eff April 26, 2004; 2007 Act No. 17, Section 1, eff May 8, 2007.
Effect of Amendment
The 2004 amendment substituted "in the aggregate" for "in such aggregate" in two places and substituted "sixty million dollars" for "forty million dollars".
The 2007 amendment substituted "two hundred" for "sixty" million dollars.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-950. Bonds payable from revenues and fee proceeds; additional pledges; abandonment of use; disposal of facilities.

Bonds issued pursuant to this article are payable from the revenues or the net revenues as designated by the trustees, as well as from proceeds of the admission fee and the special student fee. Bonds issued pursuant to this article may be further secured by such additional pledges of other revenues or fees of Clemson as Clemson may be authorized to grant pursuant to other laws of this State. The trustees may abandon the use of any portion of the athletic facilities or sell or dispose of any portion of the athletic facilities upon the receipt of a written recommendation by the chief financial officer of Clemson to the effect that such action does not adversely affect the ability of Clemson to discharge its obligations to the holders of bonds issued pursuant to this article and upon such further conditions as prescribed in the resolution of the trustees providing for the issuance of bonds.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-960. Pledge of state faith and credit prohibited; statement; personal liability.

The faith and credit of the State must not be pledged for the payment of the principal and interest of such bonds, and there must be on the face of each bond a statement plainly worded to that effect. Neither the trustees nor any other person signing the bonds is personally liable therefor.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-970. Resolutions for issuance of bonds; maturation; interest rates; redemption; manner of call for redemption; notice.

In order to avail themselves of the authorizations set forth in this article, the trustees shall from time to time adopt resolutions providing for the issuance of bonds of Clemson, within the limitations herein mentioned, which resolutions shall prescribe the tenor, terms, and conditions of such bonds. Such bonds must be issued as serial or term bonds, maturing in equal or unequal amounts, at such times and on such occasions as the trustees determine. The last maturing bonds of any issue must be expressed to mature not later than fifty years from their date, and the first maturing bonds of any issue, issued pursuant to this article, shall fall due within five years from their date. The bonds shall bear such rates of interest, payable on such occasion, as the trustees shall prescribe, and the bonds must be in such denominations, must be payable in such medium of payment, and at such place as such resolutions prescribe. All bonds may be issued with a provision permitting their redemption on any interest payment date prior to their respective maturities. Bonds made subject to redemption prior to 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 trustees shall prescribe in the resolutions authorizing their issuance. All bonds that are subject to redemption shall contain a statement to that effect on the face of each bond. The resolutions authorizing their issuance shall contain provisions specifying the manner of call for redemption and the notice of such call that must be given.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-990. Investments.

It is lawful for all executors, administrators, guardians, and fiduciaries, all sinking fund commissions, the Public Employee Benefit Authority and the State Fiscal Accountability Authority, as cotrustees of the South Carolina Retirement System, and all other governmental entities within the State to invest any monies in their hands in such bonds.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-1000. Execution of bonds and coupons; authentication; bonds registerable as to principal and interest; changes.

The bonds and the coupons, if any, attached to such bonds, must be executed manually or by facsimile in the name of Clemson in such manner and by such persons as the trustees shall from time to time determine, and the seal of Clemson must be affixed to, or impressed, or reproduced on each bond. Any coupons attached to such bonds must be authenticated by the facsimile signature of one or more of the persons signing the bonds. Such bonds may, in the discretion of the trustees, be registerable as to principal and interest on books kept therefor by or on behalf of Clemson, including by a corporate registrar. The delivery of the bonds so executed are valid notwithstanding changes in officers or in the seal occurring after such execution. Notwithstanding the foregoing, the bonds may, in the discretion of the trustees, be issued as fully registered, noncertificated, book-entry securities.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-1010. Disposal of bonds; public sale, advertisement; discount or premium.

The bonds may be disposed of in such manner as the trustees shall determine, except that no privately negotiated sale without public advertisement may be made without the prior approval of the State Fiscal Accountability Authority. If the trustees shall elect to sell the bonds at public sale, at least one advertisement thereof shall appear in a newspaper of general circulation in the State not less than seven days prior to the occasion fixed for the opening of bids. The bonds may be sold at such discount or for such premium as may be determined by the trustees or their designee as being in the best interest of Clemson.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-1020. Bond proceeds; special funds; withdrawals; temporary investments.

The proceeds of all bonds must be delivered to the State Treasurer or its corporate trust designee and retained in a special fund or funds and applied solely to the purposes for which such bonds have been issued. Withdrawals from the fund must be made on the order or requisition of the university and must be in such form as the State Treasurer shall prescribe. The State Treasurer may make temporary investments of funds derived from the proceeds of bonds in the manner prescribed by law.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-1030. Provisions for adequate payment of principal and interest; admissions, special student fees; debt service requirements; debt service fund.

To the end that provisions be made for the adequate payment of the principal of and interest on the bonds:
(1)(a) The trustees 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 59-119-1040(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 Clemson to calculate the debt service requirements of the bonds not less frequently than annually and, if required at such time, appropriate revisions of any admission fees or special student fee must be made by the trustees 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, shall bear such nomenclature as the trustees shall prescribe. The special student fee may, in the discretion of the trustees, be included as a part of any other fee. The trustees 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.
(c) Notwithstanding any other provisions of this article, until the earlier to occur of (i) May 1, 2000 or (ii) the earlier retirement or defeasance of the $6,935,000 original principal amount Clemson University Stadium Refunding Revenue Bonds, Series 1992, any requirement under the Prior Acts for the trustees to impose an admissions fee or a special student fee shall remain in full force and effect.
(2) The trustees 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: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 119 - Clemson University › Section 59-119-1050. Effectiveness of authorizations.

The authorizations granted by this act shall remain of full force and effect until they shall be rescinded by subsequent enactment, and no time limit is set for the issuance of bonds pursuant to this article.
HISTORY: 1997 Act No. 144, Section 1.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-10. Board of visitors; composition.

The board of visitors of The Citadel, the Military College of South Carolina, shall be composed of the Governor, the Adjutant General and the State Superintendent of Education, who shall be members ex officio of the board, and eleven others who shall be graduates of the college, seven of whom are to be elected by joint vote of the General Assembly as hereinafter provided, three of whom are to be elected by such means and methods as may be determined by the Association of Citadel Men or any succeeding organization of Citadel men, the result of election to be certified by the president of the association to the Secretary of State, and one of whom shall be appointed by the Governor. The Governor shall make the appointment based on merit regardless of race or economic status 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 22-302; 1952 Code Section 22-302; 1942 Code Section 5774; 1932 Code Section 5774; Civ. C. '22 Section 2793; Civ. C. '12 Section 1861; Civ. C. '02 Section 1275; R. S. 1113; 1899 (23) 105; 1924 (33) 984; 1937 (40) 171; 1947 (45) 144; 1963 (53) 272; 1983 Act No. 130, Section 8; 1991 Act No. 248, Section 6.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-15. Authority to change title of The Citadel; conditions.

At its discretion, the Board of Trustees of The Citadel is authorized to change the title of its governed institution from "The Citadel, the Military College of South Carolina" to "The Citadel, the Military University of South Carolina", provided that the institution meets the criteria of a comprehensive university as established by the Commission on Higher Education on December 5, 1991.
HISTORY: 1992 Act No. 272, Section 7.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-20. Terms of board members.

The regular terms of office of the elected members in office on April 18, 1947, who are still in office shall end on the last day of June in the years stated in the table in Act 108 of the regular session of 1947 (Acts 1947, p. 144). The regular terms of office of the elected members who were not in office on that date and of all members hereafter elected shall be six years; provided, that the third member authorized to be elected by the Association of Citadel Men shall serve an initial term of four years. All elected terms shall begin on the first day of July and end on the last day of June; provided, however, that each incumbent shall be entitled to hold office until his successor is duly elected. In electing members of the board, the General Assembly shall elect members based on merit regardless of race or economic status and shall strive to assure that the membership of the board is representative of all citizens of the State of Carolina.
The term of office of the at-large trustee appointed by the Governor shall be effective upon certification to the Secretary of State and shall be six years.
HISTORY: 1962 Code Section 22-303; 1952 Code Section 22-302; 1942 Code Section 5774; 1932 Code Section 5774; Civ. C. '22 Section 2793, Civ. C. '12 Section 1861; Civ. C. '02 Section 1275; R. S. 1113; 1899 (23) 105; 1924 (33) 984; 1937 (40) 171; 1947 (45) 144; 1963 (53) 272; 1983 Act No. 130, Section 9; 1991 Act No. 248, Section 6.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-30. Election of board members; age limit.

The General Assembly shall hold an election to fill vacancies occurring due to expiration of terms no earlier than the first day of April of the year the term expires and as necessary to fill unexpired terms which are caused by the death, resignation, or removal of a trustee, except that vacancies of unexpired terms of members elected by the Association of Citadel Men shall be filled in the same manner as is provided for by Section 59-121-10. No elective member shall be elected or re-elected either by the General Assembly or by the Association of Citadel Men to fill any term of office the duration of which shall extend beyond the member's seventy-fifth birthday. However, beginning with the elections for members of the board occurring on or after July 1, 1997, the seventy-fifth birthday limit no longer applies.
HISTORY: 1962 Code Section 22-304; 1952 Code Section 22-304; 1942 Code Section 5774; 1932 Code Section 5774; Civ. C. '22 Section 2793; Civ. C. '12 Section 1861; Civ. C. '02 Section 1275; R. S. 1113; 1899 (23) 105; 1924 (33) 984; 1937 (40) 171; 1947 (45) 144; 1961 (52) 446; 1983 Act No. 132 Section 7; 1997 Act No. 144, Section 2.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-40. Board created body corporate and politic; general powers.

The board of visitors of The Citadel, the Military College of South Carolina, is hereby created a body corporate and politic of this State, by the name and style of "The Board of Visitors of The Citadel, the Military College of South Carolina," and by said name it and its successors in office shall have perpetual succession and be able and capable in law to have, receive and enjoy to it and its successors and convey lands, tenements and hereditaments of any kind or value in fee or for life or years and perpetual property of any kind whatever and all sums of money of any amount whatsoever which may be granted, devised or bequeathed to it for the purpose of building, erecting, endowing or supporting The Citadel, the Military College of South Carolina. But in receiving any such bequest no liabilities of any character shall be made binding or obligatory upon the State, except such as are accepted by the General Assembly. The board shall have a common seal for themselves and their successors with liberty to alter the same from time to time.
HISTORY: 1962 Code Section 22-305; 1952 Code Section 22-305; 1942 Code Section 5775; 1932 Code Section 5775; Civ. C. '22 Section 2794; 1920 (31) 1114; 1958 (50) 1640.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-50. Powers of board in educational matters.

Said board may establish such regulations as it may deem necessary for the organization and good government of said college and establish such bylaws for the management thereof as shall not be inconsistent with the laws of this State or of the United States. It may appoint professors qualified to give instruction in military science and other branches of knowledge which it may deem essential and may fix their salaries and the period for which they shall serve. And the board may confer degrees on graduates of the college and confer honorary degrees on such persons of distinction as it shall deem proper.
HISTORY: 1962 Code Section 22-306; 1952 Code Section 22-306; 1942 Code Section 5776; 1932 Code Section 5776; Civ. C. '22 Section 2795; Civ. C. '12 Section 1862; Civ. C. '02 Section 1276; R. S. 1114; 1901 (23) 736; 1911 (27) 134; 1925 (34) 236; 1932 (31) 1364.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-55. Formation of nonprofit eleemosynary corporation; transfer of funds or property; application of Freedom of Information Act.

(A) The Board of Visitors, or individual members or employees of the board or college as designated by the board, are authorized to form or cause to be formed a nonprofit eleemosynary corporation pursuant to Chapter 31 of Title 33, the purpose of which is to provide scholarship and other financial assistance or support to the college.
(B) The Board of Visitors is further authorized to transfer funds and property privately donated to the college, and income or proceeds derived from these privately donated funds and property, that the board holds in its name or in the college's name for scholarship and other college support purposes to the nonprofit corporation formed pursuant to subsection (A). These funds, property, and income and proceeds derived from them, must be used by the nonprofit corporation for its stated purposes, except that any restrictions or limitations applicable to a specified portion of these funds or property continue to be applicable after the transfer of the funds, property, and income and proceeds derived from them, to the nonprofit corporation. Any encumbrances or liability on the funds, property, and income and proceeds derived from them so transferred must be assumed by the nonprofit corporation.
(C) The records and proceedings of the nonprofit corporation are subject to disclosure in the manner provided by the Freedom of Information Act.
HISTORY: 1990 Act No. 369, Section 1; 1991 Act No. 119, Section 1; 2013 Act No. 79, Section 1, eff June 13, 2013.
Effect of Amendment
The 2013 amendment rewrote subsection (B).
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-60. Quorum at special meeting of board.

At any special meeting of the board of visitors of The Citadel, the Military College of South Carolina, when at least five days' notice in writing has been given by mail or otherwise to all of the members of the board of the time and place of the meeting any four or more of the members so notified who shall attend such special meeting shall constitute a quorum for the transaction of business.
HISTORY: 1962 Code Section 22-307; 1952 Code Section 22-307; 1942 Code Section 5776-2; 1936 (39) 1340.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-70. Annual report of board.

The board of visitors shall make a minute and full report of the condition and management of the college to the State Superintendent of Education and to the Governor, to be by the latter laid before the General Assembly in each and every year.
HISTORY: 1962 Code Section 22-308; 1952 Code Section 22-308; 1942 Code Section 5776-1; 1932 Code Section 5784; Civ. C. '22 Section 2803; Civ. C. '12 Section 1869; Civ. C. '02 Section 1283; R. S. 1117; 1842 (11) 225; 1891 (20) 1039.
2023 South Carolina Code of Laws › Title 59 - Education › Chapter 121 - The Citadel, The Military University Of South Carolina › Section 59-121-80. Burial of past presidents and their wives.

The board of visitors of The Citadel, The Military College of South Carolina, is hereby authorized to set aside a suitable plot, the size and location thereof to be determined by the board and by the State Department of Administration, wherein may be interred the remains of past presidents of The Citadel who may be so minded to be buried therein with their wives, if so desired; provided, that the approval and selection of such past presidents and their wives to be buried therein shall be wholly in the discretion of the board of visitors of The Citadel, The Military College of South Carolina.
HISTORY: 1962 Code Section 22-309; 1968 (55) 2447.