Supplemental principles of law
Known as the South Carolina Uniform Limited Liability Company Act
The act spans §§ 33–33 (94 sections).
Applied in 1 court decision — leading case Campbell v. Cathcart (In Re Derivium Capital, LLC) (2006)
Most recently applied in Campbell v. Cathcart (In Re Derivium Capital, LLC) (December 2006)
1996 Act No. 343, SECTION 2.
(a) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.
(b) If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in Section 34-31-20.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.