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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-36-460: Private property of members exempted from liability for debt of corporation.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 36 Corporations Not-for-Profit Financed by Federal or State Loans
  3. ARTICLE 3 Members

The private property of the members of a corporation not-for-profit is exempt from execution for the debts of the corporation, and a member is not liable or responsible for debts of the corporation.

Collected 2026-09-02T07:04:04Z. Source file · JSON

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