South Carolina § 31-6-60 Exemption of obligations and interest thereon from South Carolina taxes.

South Carolina Statutes

§ 31-6-60 — Exemption of obligations and interest thereon from South Carolina taxes.

South Carolina § 31-6-60

Title 31HOUSING AND REDEVELOPMENT

Ch. 6TAX INCREMENT FINANCING FOR REDEVELOPMENT PROJECTS

This text of South Carolina § 31-6-60 (Exemption of obligations and interest thereon from South Carolina taxes.) 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. § 31-6-60 (2026).

Text

The obligations authorized by this chapter and the income from the obligations and all security agreements and indentures executed as security for the obligations made pursuant to the provisions of this chapter and the revenue derived from the obligations are exempt from all taxation in the State of South Carolina except for inheritance, estate, or transfer taxes and all security agreements and indentures made pursuant to the provisions of this chapter are exempt from all state stamp and transfer taxes.

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The obligations authorized by this chapter and the income from the obligations and all security agreements and indentures executed as security for the obligations made pursuant to the provisions of this chapter and the revenue derived from the obligations are exempt from all taxation in the State of South Carolina except for inheritance, estate, or transfer taxes and all security agreements and indentures made pursuant to the provisions of this chapter are exempt from all state stamp and transfer taxes.