S.C. Code § 33-45-80

Current through 2024 Act No. 225.

Section 33-45-80 - Minimum amount and par value of stock

No association shall be formed under this chapter with a capital stock less than one hundred dollars. The par value of the shares shall not be less than five dollars.

S.C. Code § 33-45-80

1915 (29) 235; Civ. C. '22 Section 4335; 1932 Code Section 8141; 1942 Code Section 8141; 1952 Code Section 12-808; 1962 Code Section 12-808.