South Carolina Code 33-47-410. Membership
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Terms Used In South Carolina Code 33-47-410
- agricultural products: shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee and any other farm products;
(2) The term "member" shall include actual members of associations without capital stock and holders of common stock in associations organized with capital stock; and
(3) The term "association" means any corporation organized under this chapter. See South Carolina Code 33-47-20 - association: means any corporation organized under this chapter. See South Carolina Code 33-47-20
Under the terms and conditions prescribed in its bylaws an association may admit as members or issue common stock only to persons engaged in the production of the agricultural products to be handled by or through the association, including the lessees and tenants of land used for the production of such products and any lessors and landlords who receive as rent part of the crop raised on the leased premises.