South Carolina Statutes
§ 44-7-1580 — Exemption from taxation.
The bonds authorized by this article and the income therefrom, all trust indentures and mortgages executed as security therefor, all loan agreements (including agreements of lease) made pursuant to the provisions hereof, and the revenues derived from any loan agreement thereof shall be exempt from all taxation in the State of South Carolina except for inheritance, estate or transfer taxes; and all trust indentures, mortgages and loan agreements made pursuant to the provisions of this article shall be exempt from South Carolina stamp and transfer taxes.
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South Carolina § 44-7-1580 (Exemption from taxation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 32-798.17; 1973 (58) 654.
Nearby Sections
15
§ 44-7-1000
Proceeds of bond issue.§ 44-7-1010
Payment of bonds; annual tax.§ 44-7-1020
Acquisition of property; memorials.§ 44-7-1070
Persons who may be patients.§ 44-7-110
Short title.§ 44-7-1100
Tax levy by adjoining county.§ 44-7-1110
Cancellation of contributing agreement.§ 44-7-1120
Annual audit.