Equipment leased by and used in connection with the operation of charitable, not for profit, or governmental hospitals shall, for the purpose of ad valorem taxation, be deemed to be owned by the hospital.
S.C. Code Ann. § 12-37-222
Leased equipment used by charitable, not-for-profit or governmental hospital deemed for tax purposes to be owned by hospital
1982 Act No. 466, Part II, SECTION 20.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.