South Carolina Statutes
§ 33-11-105 — Articles of merger or share exchange.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 11 MERGER AND SHARE EXCHANGE
(a)After a plan of merger or share exchange is approved by the shareholders, or adopted by the board of directors if shareholder approval is not required, the surviving or acquiring entity shall deliver to the Secretary of State for filing articles of merger or share exchange including:
(1)the plan of merger or share exchange;
(2)if shareholder approval was not required, a statement to that effect;
(3)if approval of the shareholders of one or more corporations party to the merger or share exchange was required:
(i)the designation, number of outstanding shares, and number of votes entitled to be cast by each voting group entitled to vote separately on the plan as to each corporation; and (ii) either the total number of votes cast for and against the plan by each voting group entitled t
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South Carolina § 33-11-105 (Articles of merger or share exchange.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: Derived from 1976 Code SECTION 33-17-40 [1962 Code SECTION 12-20.4; 1952 Code SECTIONS 12-452 to 12-454; 1942 Code SECTION 7757; 1932 Code SECTION 7757; 1925 (34) 246; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2; 2004 Act No. 221, SECTION 15.
Nearby Sections
15
§ 33-11-101
Merger.§ 33-11-102
Share exchange.§ 33-11-103
Action on plan.§ 33-11-104
Merger of subsidiary.§ 33-11-105
Articles of merger or share exchange.§ 33-11-106
Effect of merger or share exchange.§ 33-11-108
Merger of parent into subsidiary.§ 33-11-114
When conversion takes effect.§ 33-11-115
Conversion under other law.