When any corporation organized under the provisions of this chapter or any corporation whose charter may be amended hereunder shall increase its capital stock its stockholders shall be given the preference of taking the increase in proportion to the amount of stock they may individually own.
S.C. Code Ann. § 58-15-180
Stockholders' preemptive right
1962 Code SECTION 58-669; 1952 Code SECTION 58-669; 1942 Code SECTION 8190; 1932 Code SECTION 8190; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.