2017 South Carolina Code of Laws
Title 31 - Housing and Redevelopment
CHAPTER 1 - STATE HOUSING LAW
Section 31-1-120. Purposes of limited dividend housing corporations.

Universal Citation: SC Code § 31-1-120 (2017)

The purposes for which a limited dividend housing corporation is to be formed shall be as follows: To acquire, construct, maintain and operate housing projects when authorized by and subject to the supervision of the director.

HISTORY: 1962 Code Section 36-12; 1952 Code Section 36-12; 1942 Code Section 5271-18; 1933 (38) 176; 1993 Act No. 181, Section 491.

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