Equipment leased by and used in connection with the operation of charitable, not for profit, or governmental hospitals shall, for the purpose of ad valorem taxation, be deemed to be owned by the hospital.
Leased equipment used by charitable, not-for-profit or governmental hospital deemed for tax purposes to be owned by hospital
S.C. Code Ann. § 12-37-222, under Title 12, Chapter 37.
S.C. Code Ann. § 12-37-222