If a record authorized or required to be filed under this chapter contains a false statement, one who suffers loss by reliance on the statement may recover damages for the loss from a person who signed the record or caused another to sign it on the person's behalf and knew the statement to be false at the time the record was signed.
S.C. Code Ann. § 33-44-209
Liability for false statement in filed record
Known as the South Carolina Uniform Limited Liability Company Act
The act spans §§ 33–33 (94 sections).
Applied in 1 court decision — leading case Mazloom v. Mazloom (2009)
Most recently applied in Mazloom v. Mazloom (January 2009)
1996 Act No. 343, SECTION 2.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.