When such judgment shall be rendered against a corporation the court shall have power to restrain the corporation, to appoint a receiver of its property and to take an account and make distribution thereof among its creditors. And the Attorney General, immediately after the rendition of such judgment, shall institute proceedings for that purpose.
S.C. Code Ann. § 15-63-190
Restraining corporation; appointment of receiver
1962 Code SECTION 10-2269; 1952 Code SECTION 10-2269; 1942 Code SECTION 843; 1932 Code SECTION 843; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.