{"data":{"id":"us-sc/s.c.-code-ann.-33-45-160","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-45-160","heading":"Investment in other cooperative.","body":"At any regular meeting or at any duly called special meeting at which at least a majority of all its stockholders shall be present an association organized under this chapter may, by a majority vote of those present, authorize the investment of its reserve fund or any part thereof or of not to exceed twenty-five per cent of its capital in the capital stock of any other cooperative association.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 45 Cooperative Associations Generally"],"source_url":"https://www.scstatehouse.gov/code/t33c045.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:39Z","sha256":"6c0d2ee808a215df2e31193b5a0d55ad3908e40095d51d5606e7fc6089efca0f","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-45-150","next":"us-sc/s.c.-code-ann.-33-45-170"},"notice":"GroundRules: Original legal text. Not legal advice."}
