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35 chapters · 1,028 sections in this title.
S.C. Code Ann. § 33-53-10 Recording and filing of instrument creating business trust
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Every business trust created at common law in this State or doing business in this State under an express trust instrument by which property is held and managed by one or more trustees for the benefit and profit of such persons as may be or may become holders of transferable cert…
S.C. Code Ann. § 33-53-20 Name in which real estate may be acquired, conveyed and mortgaged
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Real estate may be acquired, conveyed and mortgaged by the trustees in the name given to or used by the business trust.
S.C. Code Ann. § 33-53-30 Effect of rule against perpetuities
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A business trust shall not be affected by any rule against perpetuities.
S.C. Code Ann. § 33-53-40 Suits brought by and against business trust; liability of shareholders and trustees
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A business trust may sue or be sued in the name and style by which it conducts business without naming the individual shareholders therein, and the liability of such business trust shall extend to the whole of the trust estate, or so much thereof as may be necessary to discharge …
