S.C. Code Ann. § 33-37-640: Liability for losses.
Where this section sits in the code
- Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 37 Business Development Corporations
- ARTICLE 7 Directors and Officers
Directors and officers are not responsible for losses unless the losses have been occasioned by the wilful misconduct of those directors and officers.
Collected 2026-09-02T07:04:09Z. Source file · JSON