Payment of award as not constituting ordinary income for tax purposes.

S.C. Code Ann. § 16-3-1320
in effect
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An award made pursuant to this article shall not constitute a payment which is treated as ordinary income under either the provisions of Chapter 7 of Title 12 of the 1976 Code, or to the extent lawful, under the United States Internal Revenue Code.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t16c003.phpFetched: 10/17/2026

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