§ 33-47-610 Issuance of stock
§ 33-47-620 Preferred stock
§ 33-47-630 Issuance of preferred stock for property purchased
§ 33-47-640 Limitation on amount of stock held
§ 33-47-650 Limitation on transfer of common stock
§ 33-47-660 Purchase of its common stock by association
§ 33-47-670 Stockholder’s liability
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Terms Used In South Carolina Code > Title 33 > Chapter 47 > Article 7 - Stock and Stockholders

  • agricultural products: shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee and any other farm products;

    (2) The term "member" shall include actual members of associations without capital stock and holders of common stock in associations organized with capital stock; and

    (3) The term "association" means any corporation organized under this chapter. See South Carolina Code 33-47-20
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • association: means any corporation organized under this chapter. See South Carolina Code 33-47-20
  • Commissioner: means the Commissioner of Agriculture of South Carolina. See South Carolina Code 39-9-20
  • 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.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Person: means both plural and singular, as applicable, and includes individuals, partnerships, corporations, companies, societies, and associations. See South Carolina Code 39-9-20
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.