South Carolina Statutes
§ 33-10-210 — Bylaw increasing quorum or voting requirement for shareholders.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 10 AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
(a)If authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater quorum or voting requirement for shareholders (or voting groups of shareholders) than is required by Chapters 1 thru 20 of this title. The adoption or amendment of a bylaw that adds, changes, or deletes a greater quorum or voting requirement for shareholders must meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirement then in effect or proposed to be adopted, whichever is greater.
(b)A bylaw that fixes a greater quorum or voting requirement for shareholders under subsection (a) may not be adopted, amended, or repealed by the board of directors.
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Legislative History
HISTORY: 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.