South Carolina § 33-19-500 Authority to transact business.

South Carolina Statutes

§ 33-19-500 — Authority to transact business.

South Carolina § 33-19-500

Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

Ch. 19PROFESSIONAL CORPORATION SUPPLEMENT

This text of South Carolina § 33-19-500 (Authority to transact business.) 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. § 33-19-500 (2026).

Text

(a)Except as provided in subsection (c), a foreign professional corporation may not transact business in this State until it obtains a certificate of authority from the Secretary of State.

(b)A foreign professional corporation may not obtain a certificate of authority unless:

(1)its corporate name satisfies the requirements of Section 33-19-150;

(2)it is incorporated for one or more of the purposes described in Section 33-19-110; and (3) all of its shareholders, not less than one-half of its directors, and all of its officers other than its secretary and treasurer, if any, are licensed in one or more states to render a professional service described in its articles of incorporation.

(c)A foreign professional corporation is not required to obtain a certificate of authority to transact

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(a) Except as provided in subsection (c), a foreign professional corporation may not transact business in this State until it obtains a certificate of authority from the Secretary of State. (b) A foreign professional corporation may not obtain a certificate of authority unless: (1) its corporate name satisfies the requirements of Section 33-19-150; (2) it is incorporated for one or more of the purposes described in Section 33-19-110; and (3) all of its shareholders, not less than one-half of its directors, and all of its officers other than its secretary and treasurer, if any, are licensed in one or more states to render a professional service described in its articles of incorporation. (c) A foreign professional corporation is not required to obtain a certificate of authority to transact business in this State unless it maintains or intends to maintain an office in this State for conduct of business or professional practice.