Directors and officers shall not be responsible for losses unless the losses shall have been occasioned by the wilful misconduct of such directors and officers. HISTORY: 1962 Code Section 12-1264; 1960 (51) 1907.
South Carolina Legal Code
Directors and officers shall not be responsible for losses unless the losses shall have been occasioned by the wilful misconduct of such directors and officers. HISTORY: 1962 Code Section 12-1264; 1960 (51) 1907.