Every association organized under the terms of this chapter shall, annually on or before the first day of January each year, make a report to the Commissioner of Agriculture. Such report shall contain:
(1) The name of the association;
(2) Its principal place of business; and
(3) Generally a statement as to its business showing
(a) total amount of business transacted,
(b) amount of capital stock subscribed for and paid in,
(c) number and names of stockholders,
(d) total expenses of operation,
(e) amount of indebtedness or liabilities and
(f) its profits and losses.
This annual report to the Commissioner of Agriculture shall be for his confidential information.
HISTORY: 1962 Code Section 12-819; 1952 Code Section 12-819; 1942 Code Section 8147; 1932 Code Section 8147; Civ. C. '22 Section 4341; 1915 (29) 235; 1936 (39) 1615; 1941 (42) 119.
Structure South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Chapter 45 - Cooperative Associations Generally
Section 33-45-10. Definitions.
Section 33-45-20. Restrictions on use of the term "cooperative".
Section 33-45-30. Cooperative associations authorized.
Section 33-45-40. Filing of petition with Secretary of State.
Section 33-45-50. Issuance of commission by Secretary of State.
Section 33-45-60. Payment of subscriptions.
Section 33-45-70. Effect of failure to perform labor or deliver property.
Section 33-45-80. Minimum amount and par value of stock.
Section 33-45-90. Limitation on vote and amount of stock of single stockholder.
Section 33-45-100. Organization and election of directors.
Section 33-45-110. Management of affairs of corporation; removal of directors or officers.
Section 33-45-130. Calls for payment of subscriptions.
Section 33-45-140. Issuance of certificate of charter; recordation.
Section 33-45-145. Amendment of articles of incorporation.
Section 33-45-150. Powers of association.
Section 33-45-160. Investment in other cooperative.
Section 33-45-170. Membership in cotton cooperative.
Section 33-45-180. Apportionment of earnings.
Section 33-45-190. Annual report to Commissioner of Agriculture.
Section 33-45-200. Other associations may accept benefits of chapter.