South Carolina Statutes
§ 57-11-340 — Exemption of bonds from taxation.
South Carolina § 57-11-340
This text of South Carolina § 57-11-340 (Exemption of bonds from taxation.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 57-11-340 (2026).
Text
All state highway bonds issued under this article, and the interest thereon, shall be exempt from all state, county, municipal, school district, and other taxes or assessments, direct or indirect, general or special, imposed by the State of South Carolina, whether imposed for the purpose of general revenue or otherwise, except inheritance, estate, or transfer taxes.
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Legislative History
HISTORY: 1962 Code SECTION 33-280.4; 1972 (57) 3088; 1993 Act No. 181, SECTION 1524.
Nearby Sections
15
§ 57-11-210
Definitions.§ 57-11-235
Issuance of highway bonds.§ 57-11-250
Pledge for payment of bonds.§ 57-11-280
Bond resolution.§ 57-11-330
Interest on bonds; maturity.§ 57-11-340
Exemption of bonds from taxation.§ 57-11-360
Sale of bonds.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 57-11-340, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/11/57-11-340.