South Carolina Statutes
§ 33-38-140 — No entitlement to property tax exemptions.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 38 SOUTH CAROLINA BENEFIT CORPORATION ACT
A benefit corporation is not entitled to claim an exemption from any property tax imposed by law.
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South Carolina § 33-38-140 (No entitlement to property tax exemptions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2012 Act No. 277, SECTION 1, eff June 14, 2012. ARTICLE 2 Adoption and Change of Status
Nearby Sections
15
§ 33-38-110
Short title.§ 33-38-120
Application of chapter; exemptions.§ 33-38-130
Definitions.§ 33-38-140
No entitlement to property tax exemptions.§ 33-38-200
Incorporation as a benefit corporation.§ 33-38-230
Approval of corporate matters.§ 33-38-300
Corporate purposes for benefit corporations.§ 33-38-400
Accountability for benefit corporation.§ 33-38-410
Powers and duties of benefit director.§ 33-38-420
Officer liability for benefit corporation.§ 33-38-430
Duties of benefit officer.§ 33-38-440
Benefit enforcement proceedings.§ 33-38-500
Annual benefit report.