South Carolina General Assembly
108th Session, 1989-1990

Bill 1351

                    Current Status

Bill Number:               1351
Ratification Number:       483
Act Number                 625
Introducing Body:          Senate
Subject:                   Relating to the 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.)

(A625, R483, S1351)

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 TWENTY TO THIRTY MILLION DOLLARS THE AUTHORIZED AMOUNT OF THE BONDS.

Be it enacted by the General Assembly of the State of South Carolina:

Bonds increased

SECTION 1. Section 4 of Act 1278 of 1970, as last amended by Act 702 of 1988, is further amended to read:

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

Time effective

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

Approved the 24th day of April, 1990.