South Carolina Statutes
§ 4-29-130 — Bonds, income from bonds, security agreements, financing agreements, and projects exempt from certain taxes.
The bonds authorized by this chapter and the income therefrom, all security agreements executed as security therefor, all financing agreements made pursuant to the provisions hereof, and all projects so long as county or municipalities owned and the revenue derived from any financing agreement shall be exempt from all taxation in the State of South Carolina except for inheritance, estate or transfer taxes; and all security agreements and financing agreements made pursuant to the provisions of this chapter shall be exempt from South Carolina stamp and transfer taxes.
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South Carolina § 4-29-130 (Bonds, income from bonds, security agreements, financing agreements, and projects exempt from certain taxes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 14-399.33; 1967 (55) 120; 1980 Act No. 518, SECTION 10B.
Nearby Sections
15
§ 4-29-10
Definitions.§ 4-29-110
Refunding bonds.§ 4-29-120
Bonds deemed to be legal investments.§ 4-29-40
Security for payment of bonds; pledge of revenues and financing agreement; procedures upon default.§ 4-29-60
Findings necessary prior to undertaking projects; required provisions in financing agreements.§ 4-29-65
Requirement of feasibility report.§ 4-29-68
Special source revenue bonds.