The maximum liability of any subscriber for losses and expenses must be fixed and determined by the power of attorney.
S.C. Code Ann. § 38-17-40
Maximum liability of subscribers
Former 1976 Code SECTION 38-17-40 [1962 Code SECTION 37-563; 1972 (57) 2776] recodified as SECTION 38-29-40 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-45-40 [19…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.