The purposes for which a limited dividend housing corporation is to be formed shall be as follows: To acquire, construct, maintain and operate housing projects when authorized by and subject to the supervision of the director.
S.C. Code Ann. § 31-1-120
Purposes of limited dividend housing corporations
Known as the State Housing Law
The act spans §§ 31-1-10 to 31-1-810 (39 sections).
1962 Code SECTION 36-12; 1952 Code SECTION 36-12; 1942 Code SECTION 5271-18; 1933 (38) 176; 1993 Act No. 181, SECTION 491.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.