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2020 South Carolina Code of Laws
Title 46 - Agriculture
Chapter 39 - Farmers' Associations
Section 46-39-70. Minimum limitation on amount of capital stock; par value.
Universal Citation: SC Code § 46-39-70 (2020)
No association shall be formed under this chapter with a capital stock less than one hundred dollars. The par value of the shares shall not be less than one dollar.
HISTORY: 1962 Code Section 3-707; 1962 (52) 2222.
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