The bonds and the income therefrom are exempt from all taxation in the State except for inheritance, estate, or transfer taxes. All security agreements and financing agreements made pursuant to this act are exempt from stamp and transfer taxes.
Bonds and income exempt from certain taxes; exemption of documents from transfer and stamp taxes
S.C. Code Ann. § 41-43-130, under Title 41, Chapter 43.
S.C. Code Ann. § 41-43-130