S.C. Code Ann. § 34-27-100
Former Section 34-27-100 was entitled "Powers and duties of directors" and was derived from 1962 Code Section 8-661; 1952 (47) 1950; 1961 (52) 175; 1969 (56) 193; 1977 Act No. 87 Section 3; 1979 Act No. 38 Section 2 1982 Act No. 359.