Bonds, notes, debentures and other evidences of indebtedness of an authority are declared to be issued for a public purpose and to be public instrumentalities and, together with interest thereon, shall be exempt from taxes.
S.C. Code Ann. § 31-3-1610
Tax exemption of bonds, notes, etc
1962 Code SECTION 36-161; 1952 Code SECTION 36-161; 1942 Code SECTION 5271-52; 1934 (38) 1368.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.