South Carolina Statutes
§ 31-9-90 — Bonds, trust indentures, mortgages, and loan agreements shall be exempt from taxation; exceptions.
The bonds authorized by this chapter and the income therefrom and all trust indentures and mortgages executed as security therefor, all loan agreements made pursuant to the provisions hereof (including lease agreements) and the revenues derived from any loan agreement, shall be exempt from all taxation in the State except for inheritance, estate or transfer taxes and all trust indentures, mortgages and loan agreements made pursuant to the provisions of this chapter shall be exempt from South Carolina stamp and transfer taxes.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 31-9-90 (Bonds, trust indentures, mortgages, and loan agreements shall be exempt from taxation; exceptions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 36-460; 1974 (58) 2337. Editor's Note See Editor's Note following chapter heading.
Nearby Sections
11
§ 31-9-10
Definitions.§ 31-9-20
Powers of cities.§ 31-9-40
Security for payment of bonds.§ 31-9-70
Proceeds from sale of bonds.§ 31-9-80
Bonds as lawful investments.