The bonds authorized by this chapter and the income therefrom and all trust indentures and mortgages executed as security therefor, all loan agreements made pursuant to the provisions hereof (including lease agreements) and the revenues derived from any loan agreement, shall be exempt from all taxation in the State except for inheritance, estate or transfer taxes and all trust indentures, mortgages and loan agreements made pursuant to the provisions of this chapter shall be exempt from South Carolina stamp and transfer taxes.
HISTORY: 1962 Code Section 36-460; 1974 (58) 2337.
Editor's Note
See Editor's Note following chapter heading.
Structure South Carolina Code of Laws
Title 31 - Housing and Redevelopment
Chapter 9 - Improvement To Land By Municipalities
Section 31-9-20. Powers of cities.
Section 31-9-30. Terms, conditions, execution, sale, and other matters pertaining to bonds.
Section 31-9-40. Security for payment of bonds.
Section 31-9-50. Loan agreements; obligations of developer; issuance of additional parity bonds.
Section 31-9-60. Loan agreements; leases between city and developer.
Section 31-9-70. Proceeds from sale of bonds.
Section 31-9-80. Bonds as lawful investments.
Section 31-9-100. Publication of notice of bond issues; challenging validity of proceedings.
Section 31-9-110. Provisions in this chapter construed as cumulative.