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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-18-430: Extraordinary relief: dissolution.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 18 Statutory Close Corporation Supplement
  3. ARTICLE 5 Judicial Supervision

(a) The court may dissolve the corporation if it finds:

(1) there are grounds for judicial dissolution under Section 33-14-300; or

(2) all other relief ordered by the court under Section 33-18-410 or 33-18-420 has failed to resolve the matters in dispute.

(b) In determining whether to dissolve the corporation, the court shall consider among other relevant evidence the financial condition of the corporation but may not refuse to dissolve solely because the corporation has accumulated earnings or current operating profits.

Collected 2026-09-02T07:03:39Z. Source file · JSON

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