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·Title 31 HOUSING AND REDEVELOPMENT·Ch. 6 TAX INCREMENT FINANCING FOR REDEVELOPMENT PROJECTS

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.

South Carolina § 31-6-60 (Exemption of obligations and interest thereon from South Carolina taxes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.