2019 South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Chapter 47 - Marketing Cooperative Associations
Section 33-47-110. Annual reports.

Universal Citation: SC Code § 33-47-110 (2019)

Each association formed under this chapter shall prepare and make out an annual report on forms furnished by the director of the State extension service of Clemson University containing:

(1) The name of the association;

(2) Its principal place of business; and

(3) A general statement of its business operations during the fiscal year, showing

(a) the amount of capital stock paid up and the number of stockholders, if a stock association, or the number of members and amount of membership fees received, if a nonstock association,

(b) the total expenses of operations,

(c) the amount of its indebtedness or liability and

(d) its balance sheets.

HISTORY: 1962 Code Section 12-911; 1952 Code Section 12-911; 1942 Code Section 6517; 1932 Code Section 6517; Civ. C. '22 Section 3421; 1921 (32) 339.

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