South Carolina § 33-45-40 Filing of petition with Secretary of State.

South Carolina Statutes

§ 33-45-40 — Filing of petition with Secretary of State.

South Carolina § 33-45-40

Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

Ch. 45COOPERATIVE ASSOCIATIONS GENERALLY

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Bluebook

S.C. Code Ann. § 33-45-40 (2026).

Text

They shall file with the Secretary of State a written petition, signed by themselves, setting forth:

(1)The names and residences of the petitioners;

(2)The name of the proposed corporation, which shall include the word "cooperative";

(3)The place at which it proposes to have its principal place of business;

(4)The general nature of the business which it proposes to engage in;

(5)The amount of capital stock of the association and how and when payable;

(6)The number of shares into which the capital stock is to be divided and the par value of each share; and (7) All other matters which it may be desirable to set forth.

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They shall file with the Secretary of State a written petition, signed by themselves, setting forth: (1) The names and residences of the petitioners; (2) The name of the proposed corporation, which shall include the word "cooperative"; (3) The place at which it proposes to have its principal place of business; (4) The general nature of the business which it proposes to engage in; (5) The amount of capital stock of the association and how and when payable; (6) The number of shares into which the capital stock is to be divided and the par value of each share; and (7) All other matters which it may be desirable to set forth.

Legislative History

HISTORY: 1962 Code SECTION 12-804; 1952 Code SECTION 12-804; 1942 Code SECTIONS 8137, 8138; 1932 Code SECTIONS 8137, 8138; Civ. C. '22 SECTIONS 4331, 4332; 1915 (29) 235.