South Carolina Statutes

§ 31-1-710 — Reorganization of limited dividend housing corporations.

South Carolina § 31-1-710
JurisdictionSouth Carolina
Title 31HOUSING AND REDEVELOPMENT
Ch. 1STATE HOUSING LAW

This text of South Carolina § 31-1-710 (Reorganization 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. § 31-1-710 (2026).

Text

Reorganization of limited dividend housing corporations shall be subject to the supervision and control of the director and no such reorganization shall be had without the authorization of such director. Upon all such reorganizations the amount of capitalization, including therein all stocks, income debentures and bonds and other evidences of indebtedness shall be such as is authorized by the director which, in making its determination, shall not exceed the fair value of the property involved.

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Legislative History

HISTORY: 1962 Code SECTION 36-61; 1952 Code SECTION 36-61; 1942 Code SECTION 5271-14; 1933 (38) 176; 1993 Act No. 181, SECTION 501. ARTICLE 9 Standards for Factory-Built Housing, Materials, or Systems

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Bluebook (online)
South Carolina § 31-1-710, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/1/31-1-710.