South Carolina Statutes
§ 33-45-140 — Issuance of certificate of charter; recordation.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 45 COOPERATIVE ASSOCIATIONS GENERALLY
Upon the payment to the treasurer or the secretary-treasurer of the association of at least twenty per cent of the aggregate amount of the capital subscribed payable in money and also upon the delivery of at least twenty per cent of the property subscribed to the aggregate amount of the capital stock or upon its delivery being secured by such obligations of the subscribers as the board of directors may approve, the board of directors shall, over their own signatures, certify to the Secretary of State that all the requirements for the formation of the corporation have been complied with. Upon the filing of this return by the directors and the payment of the required fee for filing such return and upon the receipt of the charter fee as now provided by law the Secretary of State shall issue t
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South Carolina § 33-45-140 (Issuance of certificate of charter; recordation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 12-814; 1952 Code SECTION 12-814; 1942 Code SECTION 8143; 1932 Code SECTION 8143; Civ. C. '22 SECTION 4337; 1915 (29) 235. Code Commissioner's Note 1997 Act No. 34, SECTION 1, directed the Code Commissioner to change all references to "Register of Mesne Conveyances" to "Register of Deeds" wherever appearing in the 1976 Code of Laws.
Nearby Sections
15
§ 33-45-10
Definitions.§ 33-45-100
Organization and election of directors.§ 33-45-120
Officers.§ 33-45-130
Calls for payment of subscriptions.§ 33-45-145
Amendment of articles of incorporation.§ 33-45-150
Powers of association.§ 33-45-160
Investment in other cooperative.§ 33-45-170
Membership in cotton cooperative.§ 33-45-180
Apportionment of earnings.§ 33-45-30
Cooperative associations authorized.