GroundRules
← Search the law
South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-37-640: Liability for losses.

Read at publisher ↗
Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 37 Business Development Corporations
  3. 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

Browse this collection