South Carolina Statutes
§ 54-5-100 — Tax exemption of port and terminal utilities.
South Carolina·Title 54 PORTS AND MARITIME MATTERS·Ch. 5 PORT AND TERMINAL UTILITIES AND COMMISSIONS IN CITIES
All property acquired by any city of this State for the purpose of establishing, developing, maintaining or operating the port and terminal utilities of such city in pursuance of the provisions of this chapter shall be exempt from taxation so long as it shall be maintained and used for such purposes.
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South Carolina § 54-5-100 (Tax exemption of port and terminal utilities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 54-116; 1952 Code SECTION 54-116; 1942 Code SECTION 7565; 1932 Code SECTION 7581; 1926 (34) 947.
Nearby Sections
11
§ 54-5-110
Chapter is cumulative.§ 54-5-30
Elections for commissioners.§ 54-5-40
Organization of commission.§ 54-5-50
Vacancies.§ 54-5-60
Powers of commission.§ 54-5-70
Actions for injury or wrongful death from construction or operation of port or terminal facilities.§ 54-5-90
Monthly financial statement.