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: EnactedYear 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.
Return to Database Search
© 2018- The SLIHCQ Database. Initial funding for this project was provided by the Robert Wood Johnson Foundation. The views expressed here do not necessarily reflect the views of the Foundation.
Associated Litigation:
No items found