reglab/housing_qa huggingface dataset:
SC Code § 33-31-1530 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1530. Grounds for revoking a foreign corporation's authority to transact business in this State.

 (a) The Secretary of State may commence a proceeding under Section 33-31-1531(a) to revoke the certificate of authority of a foreign corporation authorized to transact business in this State if:  (1) the foreign corporation does not deliver a notice of change of principal office when due;  (2) the foreign corporation is without a registered agent or registered office in this State;  (3) the foreign corporation does not inform the Secretary of State that its registered agent or registered office has been changed, that its registered agent has resigned, or that its registered office has been discontinued;  (4) the corporation's period of duration, if any, stated in its articles of incorporation expires;  (5) the Secretary of State receives a duly authenticated certificate from the Secretary of State or other official having custody of corporate records in the state or country under whose law the foreign corporation is incorporated stating that it has been dissolved or disappeared as the result of a merger; or,  (6) that the corporation has been adjudicated bankrupt pursuant to Chapter 7 of the United States Bankruptcy Code.  (b) The Richland County Court of Common Pleas under Section 33-31-1531(b) may revoke the certificate of authority of a foreign corporation authorized to transact business in this State in a proceeding by the Attorney General if it is established that:  (1) the corporation obtained its articles of incorporation through fraud;  (2) the corporation has continued to exceed or abuse the authority conferred upon it by law;  (3) the corporation is a public benefit corporation and the assets are being misapplied or wasted;  (4) the corporation is a public benefit corporation and it is no longer able to carry out its purposes;  (5) the corporation has improperly solicited money or has fraudulently used the money solicited; or,  (6) the corporation has carried on, conducted, or transacted its business or affairs in a persistently fraudulent or illegal manner.  The enumeration of the grounds in items (1) through (6) revoking the authority shall not exclude actions or special proceedings by the Attorney General or other state official for revoking the authority of a foreign nonprofit corporation for other causes as provided in this chapter or in any other statute of this State.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1532 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1532. Appeal from revocation.

 (a) A foreign corporation may appeal the Secretary of State's revocation of its certificate of authority to the Richland County Court of Common Pleas within thirty days after the service of the certificate of revocation was received. The foreign corporation appeals by petitioning the court to set aside the revocation and attaching to the petition copies of its certificate of authority and the Secretary of State's certificate of revocation.  (b) The court may summarily order the Secretary of State to reinstate the certificate of authority or may take any other action the court considers appropriate.  (c) The court's final decision may be appealed as in other civil proceedings.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1601 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1601. Corporate records.

 (a) A corporation shall keep as permanent records minutes of all meetings of its members and board of directors, a record of all actions taken by the members or directors without a meeting, and a record of all actions taken by committees of the board of directors as authorized by Section 33-31-825(d).  (b) A corporation shall maintain appropriate accounting records.  (c) A corporation or its agent shall maintain a record of its members in a form that permits preparation of a list of the name and address of all members, in alphabetical order by class, showing the number of votes each member is entitled to cast.  (d) A corporation shall maintain its records in written form or in another form capable of conversion into written form within a reasonable time.  (e) A corporation shall keep a copy of the following records at its principal office:  (1) its articles or restated articles of incorporation and all amendments to them currently in effect;  (2) its bylaws or restated bylaws and all amendments to them currently in effect;  (3) resolutions adopted by its board of directors relating to the characteristics, qualifications, rights, limitations, and obligations of members or any class or category of members;  (4) the minutes of all meetings of members and records of all actions approved by the members for the past three years;  (5) all written communications to members generally within the past three years, including the financial statements furnished for the past three years under Section 33-31-1620;  (6) a list of the names and business or home addresses of its current directors and officers; and  (7) its most recent report of each type required to be filed by it with the Secretary of State under this chapter.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1602 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1602. Inspection of records by members.

 (a) Subject to subsection (e) and Section 33-31-1603(c), a member is entitled to inspect and copy, at a reasonable time and location specified by the corporation, any of the records of the corporation described in Section 33-31-1601(e) if the member gives the corporation written notice or a written demand at least five business days before the date on which the member wishes to inspect and copy.  (b) Subject to subsection (e), a member is entitled to inspect and copy, at a reasonable time and reasonable location specified by the corporation, any of the following records of the corporation if the member meets the requirements of subsection (c) and gives the corporation written notice at least five business days before the date on which the member wishes to inspect and copy:  (1) excerpts from any records required to be maintained under Section 33-31-1601(a), to the extent not subject to inspection under Section 33-31-1602(a);  (2) accounting records of the corporation; and  (3) subject to Section 33-31-1605, the membership list.  (c) A member may inspect and copy the records identified in subsection (b) only if:  (1) the member's demand is made in good faith and for a proper purpose;  (2) the member describes with reasonable particularity the purpose and the records the member desires to inspect; and  (3) the records are directly connected with this purpose.  (d) This section does not affect:  (1) the right of a member to inspect records under Section 33-31-720 or, if the member is in litigation with the corporation, to the same extent as any other litigant; or  (2) the power of a court, independently of this chapter, to compel the production of corporate records for examination.  (e) The articles or bylaws of a religious corporation may limit or abolish the right of a member under this section to inspect and copy any corporate record.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1603 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1603. Scope of inspection rights.

 (a) A member's agent or attorney has the same inspection and copying rights as the member the agent or attorney represents.  (b) The right to copy records under Section 33-31-1602 includes, if reasonable, the right to receive copies made by photographic, xerographic, or other means.  (c) The corporation may impose a reasonable charge, covering the costs of labor and material, for copies of any documents provided to the member. The charge may not exceed the estimated cost of production or reproduction of the records.  (d) The corporation may comply with a member's demand to inspect the record of members under Section 33-31-1602(b)(3) by providing the member with a list of its members that was complied no earlier than the date of the member's demand.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1604 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1604. Court-ordered inspection.

 (a) If a corporation does not allow a member who complies with Section 33-31-1602(a) to inspect and copy any records required by that subsection to be available for inspection, the circuit court in the county where the corporation's principal office in this State, or, if none in this State, its registered office, is located may summarily order inspection and copying of the records demanded at the corporation's expense upon application of the member.  (b) If a corporation does not within a reasonable time allow a member to inspect and copy any other record, the member who complies with Section 33-31-1602(b) and (c) may apply to the circuit court in the county where the corporation's principal office in this State, or if none in this State, its registered office, is located for an order to permit inspection and copying of the records demanded. The court shall dispose of an application under this subsection on an expedited basis.  (c) If the court orders inspection and copying of the records demanded, it also shall order the corporation to pay the member's costs, including reasonable counsel fees, incurred to obtain the order unless the corporation proves that it refused inspection in good faith because it had a reasonable basis for doubt about the right of the member to inspect the records demanded.  (d) If the court orders inspection and copying of the records demanded, it may impose reasonable restrictions on the use or distribution of the records by the demanding member.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1605 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1605. Limitations on use of membership list.

 Without consent of the board, a membership list or any part of a membership list may not be obtained or used by a person for any purpose unrelated to a member's interest as a member. Without limiting the generality of the foregoing, without the consent of the board a membership list or any part of the list may not be:  (1) used to solicit money or property unless the money or property will be used solely to solicit the votes of the members in an election to be held by the corporation;  (2) used for any commercial purpose; or  (3) sold to or purchased by any person.  HISTORY: 1994 Act No. 384, Section 1.  Subarticle B.  Reports
SC Code § 33-31-1620 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1620. Financial statements for members.

 (a) Except as provided in the articles or bylaws of a religious corporation, a corporation upon written demand from a member or the Attorney General shall furnish the demanding party its latest annual financial statements, which may be consolidated or combined statements of the corporation and one or more of its subsidiaries or affiliates, as appropriate, that include a balance sheet as of the end of the fiscal year and statement of operations for that year. If financial statements are prepared for the corporation on the basis of generally accepted accounting principles, the annual financial statements also must be prepared on that basis.  (b) If annual financial statements are reported upon by a public accountant, the accountant's report must accompany them. If not, the statements must be accompanied by the statement of the president or the person responsible for the corporation's financial accounting records:  (1) stating the president's or other person's reasonable belief as to whether the statements were prepared on the basis of generally accepted accounting principles and, if not, describing the basis of preparation; and  (2) describing any respects in which the statements were not prepared on a basis of accounting consistent with the statements prepared for the preceding year.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1621 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1621. Report of indemnification to members.

 If a corporation indemnifies or advances expenses to a director under Section 33-31-851, 33-31-852, 33-31-853, or 33-31-854 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1701 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1701. Application to Existing Domestic Corporations.

 (a) This chapter applies to all domestic corporations which on this chapter's effective date were governed by Title 33, Chapter 31 of the 1976 Code.  (b) This chapter applies to each domestic corporation in existence on its effective date, organized other than under Title 33, Chapter 31, Code of Laws of South Carolina, 1976, upon such corporation's filing with the Secretary of State an irrevocable election to be governed by the provisions of this chapter. The irrevocable election shall contain all the information required by, and may include any other matter permitted by, Section 33-31-202 (except that information required by subsection (a)(4), relating to the incorporators, is not required). The irrevocable election shall be signed by the presiding officer of its board (or other governing body), its president, by another of its officers, or any other person, regardless of designation, whose functions are those of, or equivalent to such officer.  (c) This chapter applies to all domestic corporations resulting from the merger of any corporation with a corporation organized under this chapter, when the latter is designated as the surviving corporation.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1702 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1702. Application to Qualified Foreign Corporations.

 A foreign corporation authorized to transact business in this State on the effective date of this chapter is subject to this chapter but is not required to obtain a new certificate of authority to transact business under this chapter.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1703 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1703. Saving Provisions.

 (a) Except as provided in subsection (b), the repeal of a statute by this chapter does not affect:  (1) the operation of the statute or any action taken under it before its repeal;  (2) any ratification, right, remedy, privilege, obligation, or liability acquired, accrued, or incurred under the statute before its repeal;  (3) any violation of the statute or any penalty, forfeiture, or punishment incurred because of the violation, before its repeal;  (4) any proceeding, reorganization, or dissolution commenced under the statute before its repeal, and the proceeding, reorganization, or dissolution may be completed in accordance with the statute as if it had not been repealed; or  (5) any meeting of members or directors or action by written consent noticed or any action taken before its repeal as a result of a meeting of members or directors or action by written consent.  (b) If a penalty or punishment imposed for violation of a statute repealed by this chapter is reduced by this chapter, the penalty or punishment if not already imposed shall be imposed in accordance with this chapter.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1704 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1704. Severability.

 If any provision of this chapter or its application to any person or circumstance is held invalid by a court of competent jurisdiction, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1705 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1705. Effective Date.

 As used in this chapter, the term "this chapter's effective date" or any similar variation means the effective date of the act which revised the provisions of Chapter 31 of Title 33 to enact the South Carolina Nonprofit Corporation Act of 1994.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1706 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1706. Public Benefit, Mutual Benefit, and Religious Corporations.

 (a) On the effective date of this chapter, each domestic corporation that is or becomes subject to this chapter shall be designated as a public benefit, mutual benefit, or religious corporation as follows:  (1) any corporation designated by statute as a public benefit corporation, a mutual benefit corporation, or a religious corporation is the type of corporation designated by statute;  (2) any corporation that does not come within subsection (1) but is organized primarily or exclusively for religious purposes is a religious corporation;  (3) any corporation that does not come within subsection (1) or (2) but that is recognized as exempt under section 501(c)(3) of the Internal Revenue Code, or any successor provision, is a public benefit corporation;  (4) any corporation that does not come within subsection (1), (2) or (3), but that is organized for a public or charitable purpose and that upon dissolution must distribute its assets to a public benefit corporation, the United States, a state, or a person that is recognized as exempt under section 501(c)(3) of the Internal Revenue Code or any successor provision, is a public benefit corporation; and  (5) any corporation that does not come within subsection (1), (2), (3), or (4) is a mutual benefit corporation.  (b) In any filing with the Secretary of State, an existing corporation may elect designation as a public benefit, mutual benefit, or religious corporation.  HISTORY: 1994 Act No. 384, Section 1.
SC Code § 33-31-1708 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 31 - South Carolina Nonprofit Corporation Act|Section 33-31-1708. Provisions not applicable.

 Other sections of this chapter notwithstanding, cooperative nonprofit membership corporations organized under or transacting business pursuant to Chapter 49 of this title, telephone cooperatives organized under or transacting business pursuant to Chapter 45 or any other provision of law in this title, and corporations not-for-profit organized under and operating pursuant to Chapter 36 of this title are not subject to the provisions of this chapter and no provision of this chapter repeals or amends any provision of Chapter 49 of this title, or any provision of Chapter 45 of this title or any other provision of law in this title relating to telephone cooperatives, or any provisions of Chapter 36 of this title.  HISTORY: 1994 Act No. 384, Section 1; 2000 Act No. 404, Section 4.
SC Code § 33-36-10 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 36 - Corporations Not-for-profit Financed By Federal Or State Loans|Section 33-36-10. "Corporation not-for-profit" defined.

 As used in this chapter "corporation not-for- profit" means a corporation which, upon its original organization, is financed in whole or in part by a loan made under the provisions of the Consolidated Farmers Home Administration Act of 1961, as amended by the Food and Agriculture Act of 1962, and acts amending it, and by the State Revolving Fund for Water or Sewer.  HISTORY: 2000 Act No. 404, Section 2.
SC Code § 33-36-20 (2021)
2021 South Carolina Code of Laws|Title 33 - Corporations, Partnerships and Associations|Chapter 36 - Corporations Not-for-profit Financed By Federal Or State Loans|Section 33-36-20. Issuance of stock; compensation of members and officers; disposition of assets upon dissolution.

 A corporation incorporated pursuant to this chapter may not own or issue shares of stock representing ownership interests in the corporation itself. A corporation incorporated pursuant to this chapter may pay compensation in a reasonable amount to its members, board members, and officers for services rendered, and may confer benefits upon its members in conformity with its purposes. Upon dissolution or final liquidation of the corporation incorporated pursuant to this chapter, the residual assets must be disposed of in the manner required for organizations exempt from federal income tax as described in Section 501(c)(12) of the Internal Revenue Code of 1986.  HISTORY: 2000 Act No. 404, Section 2.