South Carolina Statutes
§ 27-31-90 — Incorporation of co-owners.
South Carolina § 27-31-90
This text of South Carolina § 27-31-90 (Incorporation of co-owners.) 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. § 27-31-90 (2026).
Text
Nothing herein contained shall prohibit any council of co-owners from incorporating pursuant to the laws of South Carolina for the purpose of the administration of the property constituted into a horizontal property regime. In the event of such incorporation, the percentage of stock ownership of each co-owner in the corporation shall be equal to the percentage of his right to share in the common elements as computed in accordance with the provisions of this chapter.
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Legislative History
HISTORY: 1962 Code SECTION 57-502; 1967 (55) 449.
Nearby Sections
15
§ 27-31-10
Short title.§ 27-31-100
Master deed or lease; contents.§ 27-31-110
Plot plan and building plan.§ 27-31-150
Administration of property; bylaws.§ 27-31-180
Records of receipts and expenditures.§ 27-31-190
Expenses shall be shared.§ 27-31-20
Definitions.§ 27-31-200
Unpaid assessments; payment upon sale.§ 27-31-210
Lien for unpaid assessments; right of mortgagee or purchaser acquiring title at foreclosure sale.§ 27-31-220
Liability of purchaser of apartment.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 27-31-90, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/31/27-31-90.