Liability for losses.

S.C. Code Ann. § 33-39-640
in effect
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Directors and officers shall not be responsible for losses unless the losses shall have been occasioned by the wilful misconduct of such directors and officers.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t33c039.phpFetched: 10/17/2026
S.C. Code Ann. § 33-39-640 — Liability for losses | Code of Laws of South Carolina (Aug. 2026 snapshot) | Corpus