2018 South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
CHAPTER 45 - COOPERATIVE ASSOCIATIONS GENERALLY
Section 33-45-40. Filing of petition with Secretary of State.
They shall file with the Secretary of State a written petition, signed by themselves, setting forth:
(1) The names and residences of the petitioners;
(2) The name of the proposed corporation, which shall include the word "cooperative";
(3) The place at which it proposes to have its principal place of business;
(4) The general nature of the business which it proposes to engage in;
(5) The amount of capital stock of the association and how and when payable;
(6) The number of shares into which the capital stock is to be divided and the par value of each share; and
(7) All other matters which it may be desirable to set forth.
HISTORY: 1962 Code Section 12-804; 1952 Code Section 12-804; 1942 Code Sections 8137, 8138; 1932 Code Sections 8137, 8138; Civ. C. '22 Sections 4331, 4332; 1915 (29) 235.
