South Carolina Statutes
§ 33-46-470 — Members and their property exempt from liability for cooperative's debts.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 46 TELEPHONE COOPERATIVE ACT
The private property of the members of a telephone cooperative is exempt from execution for the debts of the telephone cooperative, and no member is liable or responsible for any debts of the telephone cooperative.
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South Carolina § 33-46-470 (Members and their property exempt from liability for cooperative's debts.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1994 Act No. 392, SECTION 1. ARTICLE 5 Directors
Nearby Sections
15
§ 33-46-10
Short title.§ 33-46-100
Rights, privileges, and responsibilities.§ 33-46-20
Definitions.§ 33-46-210
Purpose.§ 33-46-220
Organization.§ 33-46-230
Articles of incorporation.§ 33-46-240
Naming of telephone cooperative.§ 33-46-30
Notice of meeting; waiver.§ 33-46-300
Powers of telephone cooperatives.§ 33-46-330
Sale of assets; procedures.§ 33-46-400
Membership of telephone cooperative.