South Carolina Code of Laws — Title 12 (Taxation)

S.C. Code Ann. § 12-37-222 — Leased equipment used by charitable, not-for-profit or governmental hospital deemed for tax purposes to be owned by hospital

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.

Last amended: 1982 Act No. 466, Part II, SECTION 20.

Source: official text