{"data":{"id":"us-sc/s.c.-code-ann.-31-1-120","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 31-1-120","heading":"Purposes of limited dividend housing corporations.","body":"The purposes for which a limited dividend housing corporation is to be formed shall be as follows: To acquire, construct, maintain and operate housing projects when authorized by and subject to the supervision of the director.","path":["Title 31 - HOUSING AND REDEVELOPMENT","CHAPTER 1 State Housing Law","ARTICLE 3 Incorporation and General Regulation of Housing Corporations"],"source_url":"https://www.scstatehouse.gov/code/t31c001.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:59:59Z","sha256":"fa1f25d3e8553a05321b4d7e0d196af460f4b9336d323392d08f708de1e38c44","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-31-1-110","next":"us-sc/s.c.-code-ann.-31-1-130"},"notice":"GroundRules: Original legal text. Not legal advice."}