Allocation or division of risks.

S.C. Code Ann. § 36-2-303
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Where this chapter allocates a risk or a burden as between the parties "unless otherwise agreed," the agreement may not only shift the allocation but may also divide the risk or burden.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t36c002.phpFetched: 10/17/2026

Starting a business in South Carolina? South Carolina LLC guide: costs and requirements