South Carolina § 33-39-620 Board of directors; membership; powers.

South Carolina Statutes

§ 33-39-620 — Board of directors; membership; powers.

South Carolina § 33-39-620

Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

Ch. 39COUNTY BUSINESS DEVELOPMENT CORPORATIONS

This text of South Carolina § 33-39-620 (Board of directors; membership; powers.) 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. § 33-39-620 (2026).

Text

The board of directors shall consist of such number, not more than seven, as shall be determined in the first instance by the incorporators and thereafter annually by the members and the stockholders of the corporation. The board of directors may exercise all the powers of the corporation except such as are conferred by law or by the bylaws of the corporation upon the stockholders or members and shall choose and appoint all the agents and officers of the corporation and fill all vacancies except vacancies in the office of director, which shall be filled as provided in SECTION 33-39-630.

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The board of directors shall consist of such number, not more than seven, as shall be determined in the first instance by the incorporators and thereafter annually by the members and the stockholders of the corporation. The board of directors may exercise all the powers of the corporation except such as are conferred by law or by the bylaws of the corporation upon the stockholders or members and shall choose and appoint all the agents and officers of the corporation and fill all vacancies except vacancies in the office of director, which shall be filled as provided in SECTION 33-39-630.