Annual license fee; exemption from franchise and license tax.

  1. Law
  2. South Carolina Code of Laws
  3. Corporations, Partnerships and Associations
  4. Marketing Cooperative Associations
  5. Annual license fee; exemption from franchise and license tax.

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Each association organized hereunder and all production credit associations organized under the act of Congress known as the Farm Credit Act of 1933 shall pay an annual license fee of ten dollars but shall be exempt from all franchise or license taxes.

HISTORY: 1962 Code Section 12-912; 1952 Code Section 12-912; 1942 Code Section 6526; 1932 Code Section 6526; Civ. C. '22 Section 3430; 1921 (32) 339; 1967 (55) 650.


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