South Carolina Statutes
§ 31-1-120 — Purposes of limited dividend housing corporations.
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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South Carolina § 31-1-120 (Purposes of limited dividend housing corporations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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
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§ 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
Fees.