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§ 33-36-460 — South Carolina Law | CourtGPT
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  3. South Carolina/
  4. Title 33 - Corporations, Partnerships and Associations/
  5. Chapter 36 - Corporations Not-for-profit Financed by Federal or State Loans/
  6. § 33-36-460
South Carolina Legal Code

§ 33-36-460

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The private property of the members of a corporation not-for-profit is exempt from execution for the debts of the corporation, and a member is not liable or responsible for debts of the corporation. HISTORY: 2000 Act No. 404, Section 2.