South Carolina Statutes

§ 13-1-670 — Principal and interest on bonds exempt from taxation.

South Carolina·Title 13 PLANNING, RESEARCH AND DEVELOPMENT·Ch. 1 GENERAL PROVISIONS
The principal of and interest on bonds issued under this article are exempt from taxation, as provided in Section 12-1-60. All security agreements, indentures, and financing agreements made pursuant to the provisions of this article are exempt from state stamp and transfer taxes.

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Legislative History

HISTORY: 1993 Act No. 181, SECTION 245, eff July 1, 1993.

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