South Carolina Clauses Relating to Venture Opportunities, competition
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FAQ
Current through 2023 Act No. 102. Section 33-44-202 - Organization (a) One or more persons may organize a limited liability company, consisting of one or more members, by delivering articles of organization to the office of the Secretary of State for filing.
Unfair trading practices is conduct that is: harmful but does not reach the legal threshold for unconscionable conduct. not misleading or deceptive but distorts consumer choice by creating confusion or hiding or omitting relevant information.
SECTION 39-5-20. Unfair methods of competition and unfair or deceptive acts or practices unlawful; application of federal act. (a) Unfair methods of competition and unfair or deceptive acts or practices in the conduct of any trade or commerce are hereby declared unlawful.
The courts require employers to narrowly tailor the agreements to that it is confined in geography and time in addition to being necessary to protect the business interest. All that to say that noncompetes are enforceable in South Carolina so long as that correct touch is applied when drafting the agreement.
SECTION 33-44-111. Service of process. (a) An agent for service of process appointed by a limited liability company or a foreign limited liability company is an agent of the company for service of any process, notice, or demand required or permitted by law to be served upon the company.