S.C. Code § 31-12-260

Current through 2024 Act No. 225.
Section 31-12-260 - Obligations exempt from taxation

The obligations authorized by this chapter and the income from the obligations and all security agreements and indentures executed as security for the obligations made pursuant to the provisions of this chapter and the revenue derived from the obligations are exempt from all taxation in the State of South Carolina except for inheritance, estate, or transfer taxes, and all security agreements and indentures made pursuant to the provisions of this chapter are exempt from all state stamp and transfer taxes.

S.C. Code § 31-12-260

1998 Act No. 421, Section 1; 1994 Act No. 462, Section 1.