South Carolina Statutes
§ 33-10-200 — Amendment by board of directors or shareholders.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 10 AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
(a)A corporation's board of directors may amend or repeal the corporation's bylaws unless:
(1)the articles of incorporation or Chapters 1 thru 20 of this title reserves this power exclusively to the shareholders in whole or part; or (2) the shareholders in adopting, amending, or repealing a particular bylaw provide expressly that the board of directors may not adopt, amend, or repeal that bylaw or any bylaw on that subject.
(b)A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws also may be amended or repealed by its board of directors.
(c)Any notice of a meeting of shareholders at which bylaws are to be adopted, amended, or repealed shall state that the purpose, or one of the purposes, of the meeting is to consider the adoption, amendment, o
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South Carolina § 33-10-200 (Amendment by board of directors or shareholders.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: Derived from 1976 Code SECTION 33-11-10 [1962 Code SECTION 12-16.1; 1962 (52) 1996; 1963 (53) 327; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2.
Nearby Sections
13
§ 33-10-101
Authority to amend.§ 33-10-102
Amendment by board of directors.§ 33-10-104
Voting on amendments by voting groups.§ 33-10-105
Amendment before issuance of shares.§ 33-10-106
Articles of amendment.§ 33-10-107
Restated articles of incorporation.§ 33-10-108
Amendment pursuant to reorganization.§ 33-10-109
Effect of amendment.