Bonds issued under this article shall be exempt from all State, county, municipal, school district and other taxes or assessments, direct or indirect, general or special, whether imposed for the purpose of general revenue or otherwise.
S.C. Code Ann. § 5-21-470
Exemption from taxes
Known as the Municipal Bond Act
The act spans §§ 5-21-210 to 5-21-500 (30 sections).
1962 Code SECTION 47-857; 1952 Code SECTION 47-857; 1951 (47) 771.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.