South Carolina General Assembly
107th Session, 1987-1988

Bill 641


                    Current Status

Bill Number:               641
Ratification Number:       262
Act Number                 213
Introducing Body:          Senate
Subject:                   Issuance of plant improvement bonds by
                           Clemson University
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(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."

Time effective

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