South Carolina § 33-18-430 - Extraordinary relief: dissolution.
Full text of South Carolina South Carolina Code of Laws § 33-18-430 — Extraordinary relief: dissolution., with citation guidance and answers to common questions.
§ 33-18-430. Extraordinary relief: dissolution.
(a) The court may dissolve the corporation if it finds:
(1) there are grounds for judicial dissolution under Section 33-14-300; or
(2) all other relief ordered by the court under Section 33-18-410 or 33-18-420 has failed to resolve the matters in dispute.
(b) In determining whether to dissolve the corporation, the court shall consider among other relevant evidence the financial condition of the corporation but may not refuse to dissolve solely because the corporation has accumulated earnings or current operating profits.
HISTORY: Derived from 1976 Code SECTION 33-21-150 [1962 Code SECTION 12-22.15; 1952 Code SECTION 12-651; 1942 Code SECTION 7725; 1932 Code SECTION 7725; 1922 (32) 1026; 1962 (52) 1996, 1963 (53) 327; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 4(1)], and SECTION 33-21-155 [1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 4(1)]; 1988 Act No. 444, SECTION 2.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 33-18-430
What does South Carolina Code of Laws § 33-18-430 cover?
Section 33-18-430 ("Extraordinary relief: dissolution.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 33-18-430?
A common citation format is "South Carolina Code of Laws § 33-18-430" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 33-18-430 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.