South Carolina Statutes
§ 33-47-120 — Annual license fee; exemption from franchise and license tax.
South Carolina § 33-47-120
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 47MARKETING COOPERATIVE ASSOCIATIONS
This text of South Carolina § 33-47-120 (Annual license fee; exemption from franchise and license tax.) 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. § 33-47-120 (2026).
Text
Each association organized hereunder and all production credit associations organized under the act of Congress known as the Farm Credit Act of 1933 shall pay an annual license fee of ten dollars but shall be exempt from all franchise or license taxes.
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Legislative History
HISTORY: 1962 Code SECTION 12-912; 1952 Code SECTION 12-912; 1942 Code SECTION 6526; 1932 Code SECTION 6526; Civ. C. '22 SECTION 3430; 1921 (32) 339; 1967 (55) 650. ARTICLE 3 Articles of Incorporation and Amendments; Powers
Nearby Sections
15
§ 33-47-10
Short title.§ 33-47-110
Annual reports.§ 33-47-1110
Contracts for marketing products.§ 33-47-1120
Damages for breach.§ 33-47-1130
Injunction and specific performance.§ 33-47-1140
Contracts entered into with other associations.§ 33-47-20
Definitions.§ 33-47-210
Articles of incorporation.§ 33-47-230
Powers of association.§ 33-47-240
Amendment of articles of incorporation.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 33-47-120, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/47/33-47-120.