South Carolina § 33-45-160 - Investment in other cooperative.
Full text of South Carolina South Carolina Code of Laws § 33-45-160 — Investment in other cooperative., with citation guidance and answers to common questions.
§ 33-45-160. Investment in other cooperative.
At any regular meeting or at any duly called special meeting at which at least a majority of all its stockholders shall be present an association organized under this chapter may, by a majority vote of those present, authorize the investment of its reserve fund or any part thereof or of not to exceed twenty-five per cent of its capital in the capital stock of any other cooperative association.
HISTORY: 1962 Code SECTION 12-816; 1952 Code SECTION 12-816; 1942 Code SECTION 8145; 1932 Code SECTION 8145; Civ. C. '22 SECTION 4339; 1915 (29) 235.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 33-45-160
What does South Carolina Code of Laws § 33-45-160 cover?
Section 33-45-160 ("Investment in other cooperative.") 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 § 33-45-160?
A common citation format is "South Carolina Code of Laws § 33-45-160" (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 § 33-45-160 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.