South Carolina Statutes
§ 31-1-120 — Purposes of limited dividend housing corporations.
South Carolina § 31-1-120
This text of South Carolina § 31-1-120 (Purposes of limited dividend housing corporations.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 31-1-120 (2026).
Text
The purposes for which a limited dividend housing corporation is to be formed shall be as follows: To acquire, construct, maintain and operate housing projects when authorized by and subject to the supervision of the director.
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Legislative History
HISTORY: 1962 Code SECTION 36-12; 1952 Code SECTION 36-12; 1942 Code SECTION 5271-18; 1933 (38) 176; 1993 Act No. 181, SECTION 491.
Nearby Sections
15
§ 31-1-10
Short title.§ 31-1-130
Par value shares.§ 31-1-140
Declaration required in articles.§ 31-1-150
Income debentures.§ 31-1-170
Limited return on stock.§ 31-1-180
Limitations on actions by companies.§ 31-1-20
Declaration of legislative finding.§ 31-1-220
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Bluebook (online)
South Carolina § 31-1-120, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/1/31-1-120.