South Carolina Code § 38-21-40

Investments in securities of subsidiaries are not subject to other restrictions.
Open in Lexace · Ask the AI about this section
Investments in common stock, preferred stock, debt obligations, or other securities of subsidiaries made pursuant to Section 38-21-30 are not subject to any other investment restrictions or prohibitions contained in this title.

‹ 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.