Current StatusView additional legislative information at the LPITS web site.
Bill Number: 641 Ratification Number: 262 Act Number 213 Introducing Body: Senate Subject: Issuance of plant improvement bonds by Clemson University
(A213, R262, S641)
AN ACT TO AMEND ACT 1278 OF 1970, AS AMENDED, RELATING TO THE ISSUANCE OF PLANT IMPROVEMENT BONDS BY CLEMSON UNIVERSITY, SO AS TO INCREASE FROM FIVE TO FIFTEEN MILLION DOLLARS THE AUTHORIZED AMOUNT OF THE BONDS.
Be it enacted by the General Assembly of the State of South Carolina:
Bond authorization increased
SECTION 1. Section 4 of Act 1278 of 1970 is amended to read:
"Section 4. Subject to obtaining the approval of the State Board expressed by resolution duly adopted, the Trustees are authorized to issue not exceeding fifteen million dollars of bonds."
SECTION 2. This act takes effect upon approval by the Governor.