MCIP Law definition

MCIP Law means the provisions of Article VIII, Section 13, Paragraph D of the Constitution of the State of South Carolina 1895, as amended, and Section 4-1-170 of the Code of Laws of South Carolina, 1976, as amended.
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MCIP Law means the provisions of Article VIII, Section 13, Paragraph D of the Constitution of the State of South Carolina, 1895, as amended, and Section 4-1-170 of the Code of Laws of South Carolina, 1976, as amended.
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Examples of MCIP Law in a sentence

  • With respect to facilities located in a Multi-County Industrial Park, references to taxes or ad valorem taxes means the payments in-lieu-of taxes provided for in the MCIP Law.

  • Under the MCIP Law, so long as the Park Property is located in the Park, the Park Property is exempt from all ad valorem taxation.

  • As required pursuant to Section 4-1-170(C) of the MCIP Law, and as acknowledged in the Master Agreement, in consideration for the agreements, representations, and benefits contained in this Intergovernmental Agreement, the City has consented to the creation of the Park.

  • The Master Agreement meets the requirements set forth in the MCIP Law and its provisions shall govern the operation of the Park.

  • Under the MCIP Law, during this Agreement’s term, Property is exempt from all ad valorem taxation.

  • The MCIP Law provides that counties may jointly develop an industrial or business park with other counties within the geographical boundaries of one or more of the member counties, provided that the counties enter into a written agreement for the development and operation of the industrial or business park that includes certain provisions.

Related to MCIP Law

  • MCIP Act means Title 4, Chapter 1, of the Code, and all future acts successor or supplemental thereto or amendatory thereof.

  • bye-law means a bye-law framed by the corporation under this Act;

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.

  • Anti-Corruption Law means any Applicable Law relating to anti-bribery or anti-corruption (governmental or commercial), including the Foreign Corrupt Practices Act of 1977, as amended, and any other Applicable Law that prohibits the corrupt payment, offer, promise or authorization of the payment or transfer of anything of value (including gifts or entertainment), directly or indirectly, to any Person, including any Government Official.

  • EU Data Protection Law means (i) prior to 25 May 2018, Directive 95/46/EC of the European Parliament and of the Council on the protection of individuals with regard to the processing of Personal Data and on the free movement of such data ("Directive") and on and after 25 May 2018, Regulation 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of Personal Data and on the free movement of such data (General Data Protection Regulation) ("GDPR"); and (ii) Directive 2002/58/EC concerning the processing of Personal Data and the protection of privacy in the electronic communications sector and applicable national implementations of it (as may be amended, superseded or replaced).