South Carolina Statutes
§ 33-18-220 — Bylaws.
South Carolina·Title 33 CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS·Ch. 18 STATUTORY CLOSE CORPORATION SUPPLEMENT
(a)A statutory close corporation need not adopt bylaws if provisions required by law to be contained in bylaws are contained in either the articles of incorporation or a shareholder agreement authorized by Section 33-18-200.
(b)If a corporation does not have bylaws when its statutory close corporation status terminates under Section 33-18-310, the corporation shall adopt bylaws immediately under Section 33-2-106.
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South Carolina § 33-18-220 (Bylaws.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1988 Act No. 444, SECTION 2.
Nearby Sections
15
§ 33-18-101
Short title.§ 33-18-110
Share transfer prohibition.§ 33-18-150
Exercise of compulsory purchase right.§ 33-18-160
Court action to compel purchase.§ 33-18-170
Court costs and other expenses.§ 33-18-200
Shareholder agreements.§ 33-18-210
Elimination of board of directors.§ 33-18-220
Bylaws.§ 33-18-230
Annual meeting.