South Carolina Statutes
§ 31-1-480 — Purchases by one limited dividend housing corporation of property of another.
South Carolina § 31-1-480
This text of South Carolina § 31-1-480 (Purchases by one limited dividend housing corporation of property of another.) 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. § 31-1-480 (2026).
Text
Before any limited dividend housing company incorporated under this chapter shall purchase the property of any other limited dividend housing corporation, it shall file an application with the director in the manner herein provided as for a new project and shall obtain the consent of the director to the purchase and agree to be bound by the provisions of this chapter and the director shall not give his consent unless it is shown to his satisfaction that the project is one that can be successfully operated according to the provisions of this chapter.
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Legislative History
HISTORY: 1962 Code SECTION 36-38; 1952 Code SECTION 36-38; 1942 Code SECTION 5271-27; 1933 (38) 176; 1993 Act No. 181, SECTION 500.
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 § 31-1-480, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/1/31-1-480.