The State reserves the right to declare its policy in reference to the method of taxation to be applied to corporations chartered hereunder and to impose upon and collect such license or royalties upon corporations organized hereunder and the business authorized to be conducted as it may deem wise.
S.C. Code Ann. § 58-15-220
Reserved right of taxation
1962 Code SECTION 58-673; 1952 Code SECTION 58-673; 1942 Code SECTION 8179; 1932 Code SECTION 8179; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.