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Terms Used In South Carolina Code 12-36-30

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • individual: means a human being. See South Carolina Code 12-2-20
  • Trustee: A person or institution holding and administering property in trust.
"Person" includes any individual, firm, partnership, limited liability company, association, corporation, receiver, trustee, any group or combination acting as a unit, the State, any state agency, any instrumentality, authority, political subdivision, or municipality.