§ 32-13-110 Contract for reimbursement of federal manufacturer’s excise tax; security for payment

Terms Used In South Carolina Code > Title 32 > Chapter 13 - Contract for Reimbursement of Federal Manufacturer's Excise Tax

  • Contract: A legal written agreement that becomes binding when signed.
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.