The principal and interest on the bonds, notes, construction notes, or other evidences of indebtedness issued pursuant to this chapter have the tax-exempt status prescribed by Section 12-2-50.
S.C. Code Ann. § 6-25-160
Tax status of evidences of indebtedness issued by joint system
Known as the Joint Authority Water and Sewer Systems Act
The act spans §§ 6–6 (33 sections).
1983 Act No. 82, SECTION 2; 1999 Act No. 113, SECTION 20; 2007 Act No. 59, SECTION 1, eff June 6, 2007.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.