All state highway bonds issued under this article, and the interest thereon, shall be exempt from all state, county, municipal, school district, and other taxes or assessments, direct or indirect, general or special, imposed by the State of South Carolina, whether imposed for the purpose of general revenue or otherwise, except inheritance, estate, or transfer taxes.
S.C. Code Ann. § 57-11-340
Exemption of bonds from taxation
1962 Code SECTION 33-280.4; 1972 (57) 3088; 1993 Act No. 181, SECTION 1524.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.