{"data":{"id":"us-sc/s.c.-code-ann.-33-39-640","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-39-640","heading":"Liability for losses.","body":"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.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 39 County Business Development Corporations","ARTICLE 7 Directors and Officers"],"source_url":"https://www.scstatehouse.gov/code/t33c039.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:19Z","sha256":"ce6d63e357e0163dfa23a87f0cbf58e5fc1d893e9e3b4a01d006df2a256edcd2","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-39-630","next":"us-sc/s.c.-code-ann.-33-41-10"},"notice":"GroundRules: Original legal text. Not legal advice."}