South Carolina Statutes
§ 46-39-70 — Minimum limitation on amount of capital stock; par value.
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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South Carolina § 46-39-70 (Minimum limitation on amount of capital stock; par value.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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.