The principal of and interest on bonds issued under this article are exempt from taxation, as provided in Section 12-1-60. All security agreements, indentures, and financing agreements made pursuant to the provisions of this article are exempt from state stamp and transfer taxes.
S.C. Code Ann. § 13-1-670
Principal and interest on bonds exempt from taxation
1993 Act No. 181, SECTION 245, eff July 1, 1993.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.