{"data":{"id":"us-sc/s.c.-code-ann.-39-3-160","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 39-3-160","heading":"Forfeiture of corporate franchise.","body":"Any corporation created or organized by or under the laws of this State which shall violate any of the provisions of this article shall forfeit its corporate rights and franchises and its corporate existence shall, upon the proper proof being made thereof in any court of competent jurisdiction in the State, be by the court declared forfeited, void and of none effect and shall thereupon cease and determine. The clerk of such court shall certify the decree thereof to the Secretary of State.","path":["Title 39 - TRADE AND COMMERCE","CHAPTER 3 Trusts, Monopolies, and Restraints of Trade","ARTICLE 3 Monopolies, Conspiracies in Restraint of Trade, Boycotts, and Sales at Less Than Cost"],"source_url":"https://www.scstatehouse.gov/code/t39c003.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:16:29Z","sha256":"952a7be81a55eeb0b456fc98473890145c67f8a4619ab44b361fbb7b0c0bdbcd","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-39-3-150","next":"us-sc/s.c.-code-ann.-39-3-170"},"notice":"GroundRules: Original legal text. Not legal advice."}