S.C. Code § 11-43-200

Current through 2024 Act No. 209.
Section 11-43-200 - Exemption from taxes or assessments

The bank is performing an essential governmental function in the exercise of the powers conferred upon it and is not required to pay taxes or assessments upon property or upon its operations or the income from them, or taxes or assessments upon property or loan obligations acquired or used by the bank or upon the income from them.

S.C. Code § 11-43-200

1997 Act No. 148, Section 2.