South Carolina Statutes
§ 46-39-70 — Minimum limitation on amount of capital stock; par value.
South Carolina § 46-39-70
This text of South Carolina § 46-39-70 (Minimum limitation on amount of capital stock; par value.) 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. § 46-39-70 (2026).
Text
No association shall be formed under this chapter with a capital stock less than one hundred dollars. The par value of the shares shall not be less than one dollar.
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Legislative History
HISTORY: 1962 Code SECTION 3-707; 1962 (52) 2222.
Nearby Sections
15
§ 46-39-10
Definitions.§ 46-39-110
Officers; election; bond.§ 46-39-120
Call for payment of subscriptions.§ 46-39-140
Powers of association.§ 46-39-150
Dissolution of association.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 46-39-70, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/39/46-39-70.