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

  1. Law
  2. South Carolina Code of Laws
  3. Planning, Research and Development
  4. Edisto Development Authority
  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 5, eff July 1, 1992.


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