S.C. Code § 4-19-120

Current through 2024 Act No. 225.
Section 4-19-120 - Advertisement and sale of bonds

Bonds issued pursuant to this chapter must be sold at a price of not less than par and accrued interest to the date of their respective deliveries. They must be sold after public advertisement of their sale in a newspaper of general circulation in South Carolina, or in a financial journal published in the city of New York. Such published notice shall appear not less than seven days prior to the occasion set for opening bids; provided, however, that any bonds issued pursuant to the provisions of this chapter may be sold at private sale to the United States of America or any agency or department thereof.

S.C. Code § 4-19-120

1984 Act No. 408, Section 2; 1974 (58) 2681; 1962 Code Section 14-700.211.