No stockholder shall own shares of a greater par value than one fifth of the capital stock of the association. Each stockholder shall be allowed to cast as many votes as the number of shares he owns on any subject arising in the management of the association.
S.C. Code Ann. § 46-39-80
Limitation on number of shares owned; one vote per share
1962 Code SECTION 3-708; 1962 (52) 2222; 1964 (53) 2208.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.