South Carolina § 35-2-203 - "Associate" defined.
Full text of South Carolina South Carolina Code of Laws § 35-2-203 — "Associate" defined., with citation guidance and answers to common questions.
§ 35-2-203. "Associate" defined.
As used in this article, "associate", when used to indicate a relationship with any person, means:
(1) any corporation or organization of which the person is an officer or partner or is (directly or indirectly) the beneficial owner of ten percent or more of any class of voting shares;
(2) any trust or other estate in which the person has a substantial beneficial interest or as to which the person serves as trustee or in a similar fiduciary capacity; and
(3) any relative or spouse of the person, or any relative of the spouse, who has the same home as the person.
HISTORY: 1988 Act No. 444, SECTION 5, eff April 22, 1988.
Frequently Asked Questions About South Carolina § 35-2-203
What does South Carolina Code of Laws § 35-2-203 cover?
Section 35-2-203 (""Associate" defined.") 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 § 35-2-203?
A common citation format is "South Carolina Code of Laws § 35-2-203" (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 § 35-2-203 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.