{"data":{"id":"us-sc/s.c.-code-ann.-33-44-703","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-44-703","heading":"Dissociated member's power to bind limited liability company.","body":"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:\n(1) reasonably believed that the dissociated member was then a member;\n(2) did not have notice of the member's dissociation; and\n(3) is not deemed to have had notice under Section 33-44-704.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 44 Uniform Limited Liability Company Act of 1996","ARTICLE 7 Member's Dissociation When Business Not Wound Up"],"source_url":"https://www.scstatehouse.gov/code/t33c044.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:34Z","sha256":"ceda3e07ea4c52a48848e9f852b6ac40f94fcbbaa1f6e3c902343e6457b104ae","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-44-702","next":"us-sc/s.c.-code-ann.-33-44-704"},"notice":"GroundRules: Original legal text. Not legal advice."}