South Carolina Statutes
§ 12-37-240 — Payments in lieu of taxes by nonprofit housing corporations exempt under act of General Assembly.
South Carolina § 12-37-240
This text of South Carolina § 12-37-240 (Payments in lieu of taxes by nonprofit housing corporations exempt under act of General Assembly.) 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. § 12-37-240 (2026).
Text
When any nonprofit housing corporation owns property within a county or municipality which is exempted from ad valorem taxes under an act of the General Assembly, the county or municipality or both are authorized to contract with such corporation for payments in lieu of taxes for services rendered by the county or municipality.
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Legislative History
HISTORY: 1962 Code SECTION 65-1523.2; 1970 (56) 2605.
Nearby Sections
15
§ 12-37-10
Definitions.§ 12-37-100
Assessor shall endorse deeds.§ 12-37-1130
Penalties for false statements.§ 12-37-120
Rounding of assessed value of property.§ 12-37-1310
"Manufacturer" defined.§ 12-37-135
Countywide business registration; fee.§ 12-37-150
Tax rebate; boundary clarification.§ 12-37-155
Lien date; boundary clarification.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 12-37-240, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/37/12-37-240.