South Carolina Statutes
§ 31-12-260 — Obligations exempt from taxation.
South Carolina § 31-12-260
JurisdictionSouth Carolina
Title 31HOUSING AND REDEVELOPMENT
Ch. 12REDEVELOPMENT OF FEDERAL MILITARY INSTALLATIONS AND OTHER DEFENSE SITES
This text of South Carolina § 31-12-260 (Obligations exempt 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. § 31-12-260 (2026).
Text
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.
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Legislative History
HISTORY: 1994 Act No. 462, SECTION 1; 1998 Act No. 421, SECTION 1.
Nearby Sections
15
§ 31-12-10
Short title.§ 31-12-110
Authority is an "agency".§ 31-12-20
Legislative findings.§ 31-12-250
Disposition of proceeds of obligations.§ 31-12-260
Obligations exempt from taxation.§ 31-12-280
Prerequisites to issuance of obligations.§ 31-12-30
Definitions.§ 31-12-300
Certification by county auditor; determination of value taxable property in project area.§ 31-12-310
Disposition of revenues.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 31-12-260, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/12/31-12-260.