S.C. Code § 33-37-640

Current through 2024 Act No. 225.

Section 33-37-640 - Liability for losses

Directors and officers are not responsible for losses unless the losses have been occasioned by the wilful misconduct of those directors and officers.

S.C. Code § 33-37-640

Amended by 2015 S.C. Acts, Act No. 60 (SB 389), s 1, eff. 6/4/2015.

1958 (50) 1886; 1962 Code Section 12-1164.