South Carolina Statutes
§ 33-37-430 — Duration of membership; withdrawal.
South Carolina § 33-37-430
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 37BUSINESS DEVELOPMENT CORPORATIONS
This text of South Carolina § 33-37-430 (Duration of membership; withdrawal.) 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. § 33-37-430 (2026).
Text
Membership in the corporation must be for the duration of the corporation; provided, that upon written notice given to the corporation three years in advance a member may withdraw from membership in the corporation at the expiration date of the notice.
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Legislative History
HISTORY: 1962 Code SECTION 12-1143; 1958 (50) 1886; 2015 Act No. 60 (S.389), SECTION 1, eff June 4, 2015. Effect of Amendment 2015 Act No. 60, SECTION 1, substituted "must be" for "shall be", and substituted "the notice" for "such notice".
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 § 33-37-430, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/37/33-37-430.