South Carolina Code § 33-36-460

Private property of members exempted from liability for debt of corporation.
Open in Lexace · Ask the AI about this section
The private property of the members of a corporation not-for-profit is exempt from execution for the debts of the corporation, and a member is not liable or responsible for debts of the corporation.
Governing Board

‹ Prev All South Carolina sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.