S.C. Code Ann. § 58-15-230
Former Section 58-15-230 was entitled "Directors must be stockholders" and was derived from 1962 Code Section 58-681; 1952 Code Section 58-681; 1942 Code Section 8194; 1932 Code Section 8194; Civ. C. '22 Section 4374; Civ. C. '12 Section 2888; Civ. C. '02 Section 1931; 1899 (23) 68.