Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.

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  2. South Carolina Code of Laws
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  5. Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.

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The principal of and interest on bonds issued under this chapter are exempt from taxation, as provided in Section 12-2-50. All security agreements, indentures, and financing agreements made pursuant to the provisions of this chapter are exempt from state stamp and transfer taxes.

HISTORY: 1992 Act No. 515, Section 4, eff July 1, 1992.


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