South Carolina § 58-17-1120 - General corporate powers.
Full text of South Carolina South Carolina Code of Laws § 58-17-1120 — General corporate powers., with citation guidance and answers to common questions.
§ 58-17-1120. General corporate powers.
Every such corporation may make such bylaws for its regulation and government in any and all matters whatsoever, not inconsistent with the Constitution and laws of the United States and of this State, as may be deemed necessary and may add to, alter or amend them from time to time as may be desired; may appoint all necessary officers and prescribe their duties; may sue and be sued and plead and be impleaded in any court in this State or in the United States; may accept, purchase, hold, lease or otherwise acquire any property, real or personal, necessary or convenient to, and for the purposes of, the corporation and may use, sell, convey and dispose of such property as the interest of the company may require; may make contracts; may have and use a common seal; and may do all other lawful acts properly incident to and connected with such corporation and necessary and convenient for the control and transaction of its business.
HISTORY: 1962 Code SECTION 58-952; 1952 Code SECTION 58-952; 1942 Code SECTION 8261; 1932 Code SECTION 8206; Civ. C. '22 SECTION 4770; Civ. C. '12 SECTION 3105; Civ. C. '02 SECTION 2031; R. S. 1543; 1885 (19) 172.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 58-17-1120
What does South Carolina Code of Laws § 58-17-1120 cover?
Section 58-17-1120 ("General corporate powers.") 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 § 58-17-1120?
A common citation format is "South Carolina Code of Laws § 58-17-1120" (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 § 58-17-1120 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.