South Carolina Statutes
§ 33-6-280 — Expense of issue.
South Carolina § 33-6-280
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 6SHARES AND DISTRIBUTIONS
This text of South Carolina § 33-6-280 (Expense of issue.) 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. § 33-6-280 (2026).
Text
A corporation may pay the expenses of selling or underwriting its shares, and of organizing or reorganizing the corporation, from the consideration received for shares.
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Legislative History
HISTORY: Derived from 1976 Code SECTION 33-9-100 [1962 Code SECTION 12-15.9; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2. ARTICLE 3 Subsequent Acquisition of Shares by Shareholders and Corporation
Nearby Sections
15
§ 33-6-101
Authorized shares.§ 33-6-103
Issued and outstanding shares.§ 33-6-104
Fractional shares.§ 33-6-210
Issuance of shares.§ 33-6-220
Liability of shareholders.§ 33-6-230
Share dividends.§ 33-6-250
Form and content of certificates.§ 33-6-260
Shares without certificates.§ 33-6-280
Expense of issue.§ 33-6-300
Shareholders' preemptive rights.§ 33-6-310
Corporation's acquisition of own shares.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 33-6-280, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/6/33-6-280.