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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-44-703: Dissociated member's power to bind limited liability company.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 44 Uniform Limited Liability Company Act of 1996
  3. ARTICLE 7 Member's Dissociation When Business Not Wound Up

For two years after a member dissociates without the dissociation resulting in a dissolution and winding up of a limited liability company's business, the company, including a surviving company under Article 9, is bound by an act of the dissociated member which would have bound the company under Section 33-44-301 before dissociation only if at the time of entering into the transaction the other party:

(1) reasonably believed that the dissociated member was then a member;

(2) did not have notice of the member's dissociation; and

(3) is not deemed to have had notice under Section 33-44-704.

Collected 2026-09-02T07:04:34Z. Source file · JSON

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