{"data":{"id":"us-sc/s.c.-code-ann.-12-13-40","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 12-13-40","heading":"Exemptions.","body":"Associations shall be exempt from the provisions of this chapter during the first three years of their operation. The provisions of this chapter shall not apply to employees' credit unions.","path":["Title 12 - TAXATION","CHAPTER 13 Income Tax on Building and Loan Associations"],"source_url":"https://www.scstatehouse.gov/code/t12c013.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:35:14Z","sha256":"24ebf373313967468330b88a4d794094f675ff89aa6f3ba77a8d8f8c377d4439","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-12-13-30","next":"us-sc/s.c.-code-ann.-12-13-50"},"notice":"GroundRules: Original legal text. Not legal advice."}