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2013 South Carolina Code of Laws
Title 13 - Planning, Research and Development
CHAPTER 19 - MIDLANDS AUTHORITY
SECTION 13-19-70. Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.


SC Code § 13-19-70 (2013) What's This?

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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