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S.C. Code Ann. § 33-49-1040

Certificate of dissolution and affidavit

Known as the Electric Cooperative Act

The act spans §§ 33–33 (70 sections).

1962 Code SECTION 12-1059; 1952 Code SECTION 12-1059; 1942 Code SECTION 8555-108; 1939 (41) 240.

Upon such approval a certificate of election to dissolve, in this article designated the "certificate," shall be executed and acknowledged on behalf of the cooperative by its president or vice-president and its corporate seal shall be affixed thereto and attested by its secretary. The certificate shall state:

(1) The name of the cooperative;

(2) The address of its principal office;

(3) The names and addresses of its trustees; and

(4) The total number of members of the cooperative and the number of members who voted for and against the voluntary dissolution of the cooperative.

The president or vice-president executing the certificate shall also make and annex thereto an affidavit stating that the provisions of SECTION 33-49-1030 have been duly complied with.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.