South Carolina Statutes
§ 33-31-1107 — Bequests, devises, and gifts not affected by merger.
South Carolina § 33-31-1107
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 31SOUTH CAROLINA NONPROFIT CORPORATION ACT
This text of South Carolina § 33-31-1107 (Bequests, devises, and gifts not affected by merger.) 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. § 33-31-1107 (2026).
Text
Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a constituent corporation and that takes effect or remains payable after the merger, inures to the surviving corporation unless the will or other instrument otherwise specifically provides.
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Legislative History
HISTORY: 1994 Act No. 384, SECTION 1. ARTICLE 12 Sale and Distribution of Assets
Nearby Sections
15
§ 33-31-1001
Authority to amend articles of incorporation.§ 33-31-1002
Amendment of articles by directors.§ 33-31-1003
Amendment of articles by directors and members.§ 33-31-1004
Class voting by members on amendments.§ 33-31-1005
Articles of amendment.§ 33-31-1006
Restated articles of incorporation.§ 33-31-1007
Amendment pursuant to judicial reorganization.§ 33-31-1008
Effect of amendment and restatement.§ 33-31-101
Short title.§ 33-31-102
Reservation of power to amend or repeal.§ 33-31-1020
Amendment of bylaws by directors.§ 33-31-1022
Class voting on bylaw amendment by members.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 33-31-1107, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/31/33-31-1107.