South Carolina Statutes

§ 33-31-1024 — Bylaw increasing quorum or voting requirement for directors.

South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 31 SOUTH CAROLINA NONPROFIT CORPORATION ACT
(a)Subject to any additional approval required by Section 33-31-1030, a bylaw that fixes a greater quorum or voting requirement for the board of directors may be amended or repealed:
(1)if originally adopted by the members, only by the members;
(2)if originally adopted by the board of directors, either by the members or by the board of directors.
(b)A bylaw adopted or amended by the members that fixes a greater quorum or voting requirement for the board of directors may provide that it may be amended or repealed, subject to any additional approval required by Section 33-31-1030, only by a specified vote of either the members or the board of directors.
(c)Action by the board of directors under subsection (a)(2) to adopt or amend a bylaw that changes the quorum or voting requirement for

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Legislative History

HISTORY: 1994 Act No. 384, SECTION 1.

Nearby Sections

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