South Carolina Statutes
§ 46-39-80 — Limitation on number of shares owned; one vote per share.
South Carolina § 46-39-80
This text of South Carolina § 46-39-80 (Limitation on number of shares owned; one vote per share.) 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. § 46-39-80 (2026).
Text
No stockholder shall own shares of a greater par value than one fifth of the capital stock of the association. Each stockholder shall be allowed to cast as many votes as the number of shares he owns on any subject arising in the management of the association.
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Legislative History
HISTORY: 1962 Code SECTION 3-708; 1962 (52) 2222; 1964 (53) 2208.
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 § 46-39-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/39/46-39-80.