Liability of members.

S.C. Code Ann. § 33-49-470
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative, and no member shall be liable or responsible for any debts of the cooperative.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t33c049.phpFetched: 10/17/2026

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