GroundRules
S.C. Code Ann. § 33-18-250: Limited liability.
Where this section sits in the code
- Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 18 Statutory Close Corporation Supplement
- ARTICLE 3 Governance
The failure of a statutory close corporation to observe the usual corporate formalities or requirements relating to the exercise of its corporate powers or management of its business and affairs is not a ground for imposing personal liability on the shareholders for liabilities of the corporation.
Collected 2026-09-02T07:03:39Z. Source file · JSON