Stockholders' preemptive right

S.C. Code Ann. § 58-15-180, under Title 58, Chapter 15.

S.C. Code Ann. § 58-15-180

When any corporation organized under the provisions of this chapter or any corporation whose charter may be amended hereunder shall increase its capital stock its stockholders shall be given the preference of taking the increase in proportion to the amount of stock they may individually own.