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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-39-640: Liability for losses.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 39 County Business Development Corporations
  3. ARTICLE 7 Directors and Officers

Directors and officers shall not be responsible for losses unless the losses shall have been occasioned by the wilful misconduct of such directors and officers.

Collected 2026-09-02T07:04:19Z. Source file · JSON

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