Capital stock shall be held security for fiduciary obligations.

S.C. Code Ann. § 34-15-30
in effect
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The capital stock of such corporation shall be held as security for the faithful performance of the duties undertaken by virtue of Section 34-15-10 or of any similar provision of law.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t34c015.phpFetched: 10/17/2026

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