The department shall annually assess, adjust, equalize, and apportion the valuation of all aircraft of each airline company of a type or model operated in this State by such airline company by such type or model. Such aircraft shall be valued by the department at fair market value.
S.C. Code Ann. § 12-37-2430
Valuation of aircraft
1976 Act No. 576, SECTION 3; 1982 Act No. 433, SECTION 4.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.