{"data":{"id":"us-sc/s.c.-code-ann.-12-37-940","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 12-37-940","heading":"Valuation of certain kinds of personal property.","body":"The following articles of personal property shall be valued for taxation, as follows, to wit: leasehold estates held for any definite term, at the yearly value thereof to the lessee; annuities, at the yearly value thereof to the owner at the time of listing; and leasehold estates held on perpetual lease or for a term certain renewable forever at the option of the lessee, at the full value of the land.","path":["Title 12 - TAXATION","CHAPTER 37 Assessment of Property Taxes","ARTICLE 5 Liability for Taxes; Returns"],"source_url":"https://www.scstatehouse.gov/code/t12c037.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:36:19Z","sha256":"b52c4c914d88df20ca99170314e5ba034e3e1bcd50cd2205e0fb3e845ce7dd21","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-12-37-935","next":"us-sc/s.c.-code-ann.-12-37-950"},"notice":"GroundRules: Original legal text. Not legal advice."}