S.C. Code Ann. § 33-31-1107. Bequests, devises, and gifts not affected by merger: South Carolina Nonprofit Corporation Act of 1994 – South Carolina

Status: Enacted
Year Enacted: 1994
File: Download

Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a constituent corporation and that takes effect or remains payable after the merger, inures to the surviving corporation unless the will or other instrument otherwise specifically provides.


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