South Carolina General Assembly
107th Session, 1987-1988

Bill 1274

                    Current Status

Bill Number:               1274
Ratification Number:       493
Act Number                 702
Introducing Body:          Senate
Subject:                   Issuance of plant improvement bonds by
                           Clemson University
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A702, R493, S1274)

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 FIFTEEN TO TWENTY 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, as last amended by Act 213 of 1987, is further amended to read:

"Section 4. Subject to obtaining the approval of the State Board expressed by an adopted resolution, the trustees are authorized to issue not exceeding twenty million dollars of bonds."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.