{"data":{"id":"us-sc/s.c.-code-ann.-33-47-610","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-47-610","heading":"Issuance of stock.","body":"No association shall issue stock to a member until it has been fully paid for. The promissory notes of the members may be accepted by the association as full or partial payment. The association shall hold the stock as security for the payment of the note, but such retention as security shall not affect the members' right to vote.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 47 Marketing Cooperative Associations","ARTICLE 7 Stock and Stockholders"],"source_url":"https://www.scstatehouse.gov/code/t33c047.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:49Z","sha256":"e5ce58fb60490b3600bb5d89211df14eec90609b708b2eff57bd664244c405c7","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-47-470","next":"us-sc/s.c.-code-ann.-33-47-620"},"notice":"GroundRules: Original legal text. Not legal advice."}