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2021 South Carolina Code of Laws
Title 11 - Public Finance
Chapter 50 - South Carolina Rural Infrastructure Act
Section 11-50-110. Exempt from taxes and assessments.
Universal Citation: SC Code § 11-50-110 (2021)
The authority is performing an essential governmental function in the exercise of the powers conferred upon it and is not required to pay taxes or assessments upon property or upon its operations or the income from them, or taxes or assessments upon property or loan obligations acquired or used by the authority or upon the income from them.
HISTORY: 2010 Act No. 171, Section 1, eff May 26, 2010.
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