S.C. Code § 34-15-30

Current through 2024 Act No. 225.
Section 34-15-30 - Capital stock shall be held security for fiduciary obligations

The capital stock of such corporation shall be held as security for the faithful performance of the duties undertaken by virtue of Section 34-15-10 or of any similar provision of law.

S.C. Code § 34-15-30

1903 (24) 70; Civ. '12 Section 2657; Civ. C. '22 Section 3995; 1932 Code Section 7865; 1942 Code Section 7839; 1952 Code Section 8-243; 1962 Code Section 8-243.