Section 44-7-3230. Guarantee of financial obligations.

SC Code § 44-7-3230 (2019) (N/A)
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Notwithstanding any other provision of law to the contrary, any financial obligation under the agreements entered into by a subsidiary corporation must be unconditionally guaranteed by the ultimate parent corporation of the purchaser/tenant.

HISTORY: 1996 Act No. 390, Section 11.