South Carolina Statutes
§ 33-3-101 — Purposes.
South Carolina § 33-3-101
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 3PURPOSES AND POWERS
This text of South Carolina § 33-3-101 (Purposes.) 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. § 33-3-101 (2026).
Text
(a)Every corporation incorporated under Chapters 1 through 20 of this Title has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.
(b)A corporation engaging in a business that is subject to regulation under another statute of this State may incorporate under Chapters 1 through 20 of this Title only if permitted by, and subject to all limitations of, the other statute.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
HISTORY: Derived from 1976 Code SECTION 33-3-10 [1962 Code SECTION 12-12.1; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2], and SECTION 33-7-10 [1962 Code SECTION 12-14.1; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2.
Nearby Sections
4
Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 33-3-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/3/33-3-101.