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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-47-670: Stockholder's liability.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 47 Marketing Cooperative Associations
  3. ARTICLE 7 Stock and Stockholders

Except for debts lawfully contracted between him and the association no member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.

Collected 2026-09-02T07:04:49Z. Source file · JSON

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