South Carolina Statutes

§ 13-21-80 — Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.

South Carolina·Title 13 PLANNING, RESEARCH AND DEVELOPMENT·Ch. 21 EDISTO DEVELOPMENT AUTHORITY
The principal of and interest on bonds issued under this chapter are exempt from taxation, as provided in Section 12-2-50. All security agreements, indentures, and financing agreements made pursuant to the provisions of this chapter are exempt from state stamp and transfer taxes.

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South Carolina § 13-21-80 (Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1992 Act No. 515, SECTION 5, eff July 1, 1992.

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