S.C. Code Ann. § 33-19-220: Share transfer restriction.
Where this section sits in the code
- Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 19 Professional Corporation Supplement
- ARTICLE 3 Shares
(a) A shareholder of a professional corporation may transfer or pledge shares, fractional shares, and rights or options to purchase shares of the corporation only to individuals, general partnerships, and professional corporations qualified under Section 33-19-200 to be issued shares.
(b) A transfer of shares made in violation of subsection (a), except one made by operation of law or court judgment, is void.
Collected 2026-09-02T07:03:44Z. Source file · JSON