There is a newer version of the South Carolina Code of Laws
2015 South Carolina Code of Laws
Title 54 - Ports and Maritime Matters
CHAPTER 5 - PORT AND TERMINAL UTILITIES AND COMMISSIONS IN CITIES
Section 54-5-100. Tax exemption of port and terminal utilities.
SC Code § 54-5-100 (2015) What's This?
All property acquired by any city of this State for the purpose of establishing, developing, maintaining or operating the port and terminal utilities of such city in pursuance of the provisions of this chapter shall be exempt from taxation so long as it shall be maintained and used for such purposes.
HISTORY: 1962 Code Section 54-116; 1952 Code Section 54-116; 1942 Code Section 7565; 1932 Code Section 7581; 1926 (34) 947.
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