{"data":{"id":"us-sc/s.c.-code-ann.-31-1-170","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 31-1-170","heading":"Limited return on stock.","body":"No stockholder in any corporation formed hereunder shall receive any dividend in any one year in excess of six per cent per annum except that when in any preceding year dividends in the amount prescribed in the articles of incorporation shall not have been paid on the stock the stockholders may be paid such deficiency without interest out of any surplus earned in any succeeding year.","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":"31c03dd44795d93ce18792e96ce1a9fea13b0efeb697e1690a3f4b028658b0a0","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-31-1-160","next":"us-sc/s.c.-code-ann.-31-1-180"},"notice":"GroundRules: Original legal text. Not legal advice."}