Annual license fee; exemption from franchise and license tax.
S.C. Code Ann. § 33-47-120
in effectEach association organized hereunder and all production credit associations organized under the act of Congress known as the Farm Credit Act of 1933 shall pay an annual license fee of ten dollars but shall be exempt from all franchise or license taxes.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t33c047.phpFetched: 10/17/2026
