326 Savings and Loan Associations.

Federal and State savings and loan associations and State building and loan associations are liable for the South Carolina use tax on purchases of tangible personal property for use, storage or consumption in this State. Conversely, licensed retailers are liable for the sales tax on all sales to such establish- ments. HISTORY: Added by State Register Volume 26, Issue No. 6, Part 2, eff June 28, 2002.