{"data":{"id":"us-sc/s.c.-code-ann.-33-47-660","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-47-660","heading":"Purchase of its common stock by association.","body":"The association may, at any time, except when the debts of the association exceed fifty per cent of the assets thereof, buy in or purchase its common stock at the book value thereof as conclusively determined by the board of directors and pay for it in cash within one year thereafter.","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":"b7a196bc7de6db712801ce64347101d2ca69d83641e6fa89e493d61805c050a2","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-47-650","next":"us-sc/s.c.-code-ann.-33-47-670"},"notice":"GroundRules: Original legal text. Not legal advice."}