South Carolina Statutes
§ 33-37-230 — Charter shall be void unless business begun within three years.
South Carolina § 33-37-230
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 37BUSINESS DEVELOPMENT CORPORATIONS
This text of South Carolina § 33-37-230 (Charter shall be void unless business begun within three years.) 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. § 33-37-230 (2026).
Text
If a corporation organized pursuant to this chapter shall fail to begin business within three years from the effective date of its charter, then the charter shall become null and void.
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Legislative History
HISTORY: 1962 Code SECTION 12-1123; 1958 (50) 1886; 2015 Act No. 60 (S.389), SECTION 1, eff June 4, 2015. Effect of Amendment 2015 Act No. 60, SECTION 1, reenacted this section with no change.
Nearby Sections
15
§ 33-37-10
Definitions.§ 33-37-1010
Definitions.§ 33-37-1020
Establishment of program; loan loss reserve.§ 33-37-1090
Audits and annual reports.§ 33-37-1100
Dissolution of loss reserve fund.§ 33-37-20
Deposit of funds.§ 33-37-210
Filing declaration of charter; contents.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 33-37-230, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/37/33-37-230.