South Carolina § 33-19-310 Voting of shares.

South Carolina Statutes

§ 33-19-310 — Voting of shares.

South Carolina § 33-19-310

Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

Ch. 19PROFESSIONAL CORPORATION SUPPLEMENT

This text of South Carolina § 33-19-310 (Voting of shares.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 33-19-310 (2026).

Text

(a)Only a qualified person may be appointed a proxy to vote shares of a professional corporation.

(b)A voting trust with respect to shares of a professional corporation is not valid unless all of its trustees and beneficiaries are qualified persons. If a beneficiary who is a qualified person dies or becomes disqualified, a voting trust valid under this subsection continues to be valid for ten months after the date of death or for five months after the disqualification occurred.

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(a) Only a qualified person may be appointed a proxy to vote shares of a professional corporation. (b) A voting trust with respect to shares of a professional corporation is not valid unless all of its trustees and beneficiaries are qualified persons. If a beneficiary who is a qualified person dies or becomes disqualified, a voting trust valid under this subsection continues to be valid for ten months after the date of death or for five months after the disqualification occurred.

Legislative History

HISTORY: Derived from 1976 Code SECTION 33-51-80 [1962 Code SECTION 56-1608; 1962 (52) 1911; Repealed, 1988 Act No. 444, SECTION 4(5)]; 1988 Act No. 444, SECTION 2.