South Carolina Code 33-31-1705. Effective Date
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Terms Used In South Carolina Code 33-31-1705
- 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.
As used in this chapter, the term "this chapter’s effective date" or any similar variation means the effective date of the act which revised the provisions of Chapter 31 of Title 33 to enact the South Carolina Nonprofit Corporation Act of 1994.