There is a newer version
of
this Section
2021 South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Chapter 6 - Shares And Distributions
Section 33-6-280. Expense of issue.
Universal Citation: SC Code § 33-6-280 (2021)
A corporation may pay the expenses of selling or underwriting its shares, and of organizing or reorganizing the corporation, from the consideration received for shares.
HISTORY: Derived from 1976 Code Section 33-9-100 [1962 Code Section 12-15.9; 1962 (52) 1996; 1981 Act No. 146, Section 2; Repealed, 1988 Act No. 444, Section 2]; 1988 Act No. 444, Section 2.
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.
