There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Chapter 31 - SOUTH CAROLINA NONPROFIT CORPORATION ACT
Section 33-31-301 - Purposes.
SC Code § 33-31-301 (2012) What's This?
(a) Every corporation incorporated under this chapter has the purpose of engaging in any lawful activity unless a more limited purpose is set forth in the articles of incorporation.
(b) A corporation engaging in an activity that is subject to regulation under another statute of this State may incorporate under this chapter only if incorporation under this chapter is not prohibited by the other statute. The corporation is subject to all limitations of the other statute.
HISTORY: 1994 Act No. 384, Section 1.
Disclaimer: These codes may not be the most recent version. South Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
