Prohibited distributions.

  1. Law
  2. South Carolina Code of Laws
  3. Corporations, Partnerships and Associations
  4. South Carolina Nonprofit Corporation Act
  5. Prohibited distributions.

Checkout our iOS App for a better way to browser and research.

Except as authorized by Section 33-31-1302, a corporation may not make any distributions.

HISTORY: 1994 Act No. 384, Section 1.


Download our app to see the most-to-date content.