18 chapters · 335 sections in this title.
S.C. Code Ann. § 31-1-10 Short title
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This chapter shall be known as the "State Housing Law."
S.C. Code Ann. § 31-1-110 Incorporation of limited dividend housing corporations
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Any number of natural persons, not less than three, a majority of whom are citizens of the United States, may become a limited dividend housing corporation by subscribing, acknowledging and filing in the office of the Secretary of State articles of incorporation, hereinafter call…
S.C. Code Ann. § 31-1-120 Purposes of limited dividend housing corporations
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The purposes for which a limited dividend housing corporation is to be formed shall be as follows: To acquire, construct, maintain and operate housing projects when authorized by and subject to the supervision of the director.
S.C. Code Ann. § 31-1-130 Par value shares
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The shares of which the capital of a limited dividend housing corporation shall consist shall have a par value.
S.C. Code Ann. § 31-1-140 Declaration required in articles
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The articles of a limited dividend housing corporation shall contain a declaration (a) that the corporation has been organized to serve a public purpose and that it shall remain at all times subject to the supervision and control of the director or of other appropriate state auth…