S.C. Code Ann. § 33-7-240 — SC Code / Title 33 / Chapter 7 / Article 2 / Section 33-7-240
SECTION 33-7-240. Corporation's acceptance of votes.
Status: in_force

(a) If the name signed on a vote, consent, waiver, or proxy appointment corresponds to the name of a shareholder, the corporation, if acting in good faith, is entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the shareholder. (b) If the name signed on a vote, consent, waiver, or proxy appointment does not correspond to the name of its shareholder, the corporation, if acting in good faith, is entitled nevertheless to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the shareholder if: (1) the shareholder is an entity and the name signed purports to be that of an officer or agent of the entity; (2) the name signed purports to be that of an administrator, executor, guardian, or conservator representing the shareholder and, if the corporation requests, evidence of fiduciary status acceptable to the corporation has been presented with respect to the vote, consent, waiver, or proxy appointment; (3) the name signed purports to be that of a receiver or trustee in bankruptcy of the shareholder and, if the corporation requests, evidence of this status acceptable to the corporation has been presented with respect to the vote, consent, waiver, or proxy appointment; (4) the name signed purports to be that of a pledgee, beneficial owner, or attorney-in-fact of the shareholder and, if the corporation requests, evidence acceptable to the corporation of the signatory's authority to sign for the shareholder has been presented with respect to the vote, consent, waiver, or proxy appointment; (5) two or more persons are the shareholder as cotenants or fiduciaries and the name signed purports to be the name of at least one of the co-owners and the person signing appears to be acting on behalf of all the co-owners. (c) The corporation is entitled to reject a vote, consent, waiver, or proxy appointment if the secretary or other officer or agent authorized to tabulate votes, acting in good faith, has reasonable basis for doubt about the validity of the signature on it or about the signatory's authority to sign for the shareholder. (d) The corporation and its officer or agent who accepts or rejects a vote, consent, waiver, or proxy appointment in good faith and in accordance with the standards of this section are not liable in damages to the shareholder for the consequences of the acceptance or rejection. (e) Corporate action based on the acceptance or rejection of a vote, consent, waiver, or proxy appointment under this section is valid unless a court of competent jurisdiction determines otherwise.
S.C. Code Ann. § 33-5-103 — SC Code / Title 33 / Chapter 5 / Section 33-5-103
SECTION 33-5-103. Resignation of registered agent.
Status: in_force

(a) A registered agent may resign his agency appointment by signing and delivering to the Secretary of State for filing the signed original and two exact or conformed copies of a statement of resignation. The statement may include a statement that the registered office is also discontinued. (b) After filing the statement the Secretary of State shall mail one copy to the registered office (if not discontinued) and the other copy to the corporation at its principal office. (c) The agency appointment is terminated, and the registered office discontinued if so provided, on the thirty-first day after the date on which the statement was filed.
S.C. Code Ann. § 33-37-50 — SC Code / Title 33 / Chapter 37 / Article 1 / Section 33-37-50
SECTION 33-37-50. Offices.
Status: in_force

The corporation may have offices in those places within or outside of the State, other than the location of the principal office as set forth in the declaration of charter as required in Section 33-37-210, as may be fixed by the board of directors. Effect of Amendment 2015 Act No. 60, SECTION 1, substituted "in those places within or outside of the State" for "in such places within the State".
S.C. Code Ann. § 33-39-50 — SC Code / Title 33 / Chapter 39 / Article 1 / Section 33-39-50
SECTION 33-39-50. Credit of county is not pledged.
Status: in_force

Under no circumstances is the credit of the county pledged in this chapter.
S.C. Code Ann. § 33-18-120 — SC Code / Title 33 / Chapter 18 / Article 2 / Section 33-18-120
SECTION 33-18-120. Share transfer after first refusal by corporation.
Status: in_force

(a) A person desiring to transfer shares of a statutory close corporation subject to the transfer prohibition of Section 33-18-110 first must offer them to the corporation by obtaining an offer to purchase the shares for cash from a third person who is eligible to purchase the shares under subsection (b). The offer by the third person must be in writing and state the offeror's name and address, the number and class or series of shares offered, the offering price for each share, and the other terms of the offer. (b) A third person is eligible to purchase the shares if: (1) he is eligible to become a qualified shareholder under any federal or state tax statute the corporation has adopted and he agrees in writing not to terminate his qualification without the approval of the remaining shareholders; and (2) his purchase of the shares will not impose a personal holding company tax or similar federal or state penalty tax on the corporation. (c) The person desiring to transfer shares shall deliver the offer to the corporation, and by doing so offers to sell the shares to the corporation on the terms of the offer. Within twenty days after the corporation receives the offer, the corporation shall call a special shareholders' meeting, to be held not more than forty days after the call, to decide whether the corporation should purchase all (but not less than all) of the offered shares. The offer must be approved by the affirmative vote of the holders of a majority of votes entitled to be cast at the meeting, excluding votes in respect of the shares covered by the offer. (d) The corporation must deliver to the offering shareholder written notice of acceptance within seventy-five days after receiving the offer or the offer is rejected. If the corporation makes a counteroffer, the shareholder must deliver to the corporation written notice of acceptance within fifteen days after receiving the counteroffer or the counteroffer is rejected. If the corporation accepts the original offer or the shareholder accepts the corporation's counteroffer, the shareholder shall deliver to the corporation duly endorsed certificates for the shares, or instruct the corporation in writing to transfer the shares if uncertificated, within twenty days after the effective date of the notice of acceptance. The corporation may specifically enforce the shareholder's delivery or instruction obligation under this subsection. (e) A corporation accepting an offer to purchase shares under this section may allocate some or all of the shares to one or more of its shareholders or to other persons if all the shareholders voting in favor of the purchase approve the allocation. If the corporation has more than one class or series of shares, the remaining holders of the class or series of shares being purchased are entitled to a first option to purchase the shares not purchased by the corporation in proportion to their shareholdings or in some other proportion agreed to by all the shareholders participating in the purchase. (f) If an offer to purchase shares under this section is rejected, the offering shareholder, for a period of one hundred twenty days after the corporation received his offer, is entitled to transfer to the third person offeror all (but not less than all) of the offered shares in accordance with the terms of his offer to the corporation.
S.C. Code Ann. § 33-16-104 — SC Code / Title 33 / Chapter 16 / Article 1 / Section 33-16-104
SECTION 33-16-104. Court-ordered inspection.
Status: in_force

(a) If a corporation does not allow a shareholder who complies with Section 33-16-102(a) to inspect and copy any records required by that subsection to be available for inspection, the circuit court of the county where the corporation's principal office (or, if none in this State, its registered office) is located summarily may order inspection and copying of the records demanded at the corporation's expense upon application of the shareholder. (b) If a corporation, within a reasonable time, does not allow a shareholder to inspect and copy any other record, the shareholder who complies with Section 33-16-102(b) and (c) may apply to the circuit court in the county where the corporation's principal office (or, if none in this State, its registered office) is located for an order to permit inspection and copying of the records demanded. The court shall dispose of an application under this subsection on an expedited basis. (c) If the court orders inspection and copying of the records demanded, it also shall order the corporation to pay the shareholder's costs (including reasonable counsel fees) incurred to obtain the order unless the corporation proves that it refused inspection in good faith because it had a reasonable basis for doubt about the right of the shareholder to inspect the demanded records. (d) If the court orders inspection and copying of the records demanded, it may impose reasonable restrictions on the use or distribution of the records by the demanding shareholder.
S.C. Code Ann. § 33-37-910 — SC Code / Title 33 / Chapter 37 / Article 9 / Section 33-37-910
SECTION 33-37-910. Applicability of the Business Corporation Act.
Status: in_force

Chapters 1 through 20 of this title apply to every corporation organized pursuant to this chapter, except as otherwise provided in Chapters 1 through 20 of this title or by this chapter. If there is a conflict between the provisions of Chapters 1 through 20 of this title and Chapter 37 with respect to a corporation organized under this chapter, this chapter controls. Effect of Amendment 2015 Act No. 60, SECTION 1, reenacted this section with no change.
S.C. Code Ann. § 33-31-603 — SC Code / Title 33 / Chapter 31 / Article 6 / Section 33-31-603
SECTION 33-31-603. No requirement of members.
Status: in_force

A corporation is not required to have members. Subarticle B Types of Memberships - Members' Rights and Obligations
S.C. Code Ann. § 33-36-1010 — SC Code / Title 33 / Chapter 36 / Article 6 / Section 33-36-1010
SECTION 33-36-1010. Voluntary dissolution of corporation-not-for profit which has not commenced business.
Status: in_force

A corporation not-for-profit which has not commenced business may dissolve voluntarily by delivering to the Secretary of State for filing articles of dissolution, executed and acknowledged on behalf of the corporation, and stating: (1) the name of the corporation; (2) the address of its principal office; (3) the date of its incorporation; (4) that the corporation has not commenced business; (5) that the amount, if any, actually paid in an amount of membership fees, less any part disbursed for necessary expenses, has been returned to those entitled to it; (6) that no debt of the corporation remains unpaid; and (7) that a majority of the incorporators elects that the corporation be dissolved.
S.C. Code Ann. § 33-31-152 — SC Code / Title 33 / Chapter 31 / Article 1 / Section 33-31-152
SECTION 33-31-152. Rights of State are not impaired.
Status: in_force

Nothing in Sections 33-31-150, 33-31-151, 62-7-405(f), and 62-7-405(g) impairs the rights and powers of the courts or the Attorney General of this State with respect to a corporation. Effect of Amendment The 2005 amendment substituted "62-7-405(f), and 62-7-405(g)" for "62-7-506, and 62-7-507".
S.C. Code Ann. § 33-47-810 — SC Code / Title 33 / Chapter 47 / Article 9 / Section 33-47-810
SECTION 33-47-810. Bylaws.
Status: in_force

Each association incorporated under this chapter must, within thirty days after its incorporation, adopt for its government and management a code of bylaws, not inconsistent with the powers granted by this chapter. A majority vote of a quorum of the members or stockholders attending a meeting, prior to which notice of the proposed bylaw or bylaws shall have been given, is sufficient to adopt or amend the bylaws. Each association under its bylaws may also provide for any or all of the following matters: (1) The time, place and manner of calling and conducting its meetings; (2) The number of stockholders or members constituting a quorum; (3) The rights of members or stockholders to vote by proxy or by mail or both and the conditions, manner, form and effects of such votes; (4) The number of directors constituting a quorum; (5) The qualifications, compensation, duties and terms of office of directors and officers, the time of their election and the mode and manner of giving notice thereof; (6) Penalties for violation of the bylaws; (7) The amount of entrance, organization and membership fees, if any, the manner and method of collection of the same and the purposes for which they may be used; (8) The amount which each member or stockholder shall be required to pay annually or from time to time, if at all, to carry on the business of the association; (9) The charge, if any, to be paid by each member or stockholder for services rendered by the association to him, the time of payment and the manner of collection; (10) The marketing contract between the association and its members or stockholders which every member or stockholder may be required to sign; (11) The number and qualification of members or stockholders of the association and the conditions precedent to membership or ownership of common stock; (12) The method, time and manner of permitting members to withdraw or the holders of common stock to transfer their stock; (13) The manner of assignment and transfer of the interest of members and of the shares of common stock and the conditions upon which and time when membership of any member shall cease; (14) The automatic suspension of the rights of a member when he ceases to be eligible for membership in the association and the mode, manner and effect of the expulsion of a member; and (15) The manner of determining the value of a member's interest and provision for its purchase by the association upon the death or withdrawal of a member or stockholder or upon the expulsion of a member or forfeiture of his membership or, at the option of the association, by conclusive appraisal by the board of directors.
S.C. Code Ann. § 33-19-620 — SC Code / Title 33 / Chapter 19 / Article 7 / Section 33-19-620
SECTION 33-19-620. Licensing authority's regulatory jurisdiction.
Status: in_force

This chapter does not restrict the jurisdiction of a licensing authority over individuals rendering a professional service within the jurisdiction of the licensing authority nor does it affect the interpretation or application of any law pertaining to standards of professional conduct.
S.C. Code Ann. § 33-44-809 — SC Code / Title 33 / Chapter 44 / Article 8 / Section 33-44-809
SECTION 33-44-809. Grounds for administrative dissolution.
Status: in_force

The Secretary of State may commence a proceeding to dissolve a limited liability company administratively if the company does not pay a fee, tax, or penalty imposed by this chapter or other law within sixty days after it is due.
S.C. Code Ann. § 33-31-832 — SC Code / Title 33 / Chapter 31 / Article 8 / Section 33-31-832
SECTION 33-31-832. Loans or guarantees for directors and officers.
Status: in_force

(a) A public benefit or religious corporation may not directly or indirectly lend money to or guarantee the obligation of a director or officer of the corporation. (b) A mutual benefit corporation may not directly or indirectly lend money to or guarantee the obligation of a director of the corporation unless: (1) the loan or guarantee is approved by a majority of all classes of members, except the votes of the affected director, if a member, and any votes controlled directly or indirectly by the affected director shall not be counted; or (2) the corporation's board of directors determines that the loan or guarantee benefits the corporation and either approves the specific loan or guarantee or a general plan authorizing loans and guarantees or either of them; and (3) the approving action taken pursuant to (1) or (2) is authorized by the corporation's articles or bylaws. (c) The fact that a loan or guarantee is made in violation of this section does not affect the borrower's liability on the loan.
S.C. Code Ann. § 33-37-1070 — SC Code / Title 33 / Chapter 37 / Article 10 / Section 33-37-1070
SECTION 33-37-1070. Disposition of earnings and interest on state fund account and loss reserve account.
Status: in_force

Earnings or interest from the principal of the state fund account and the loss reserve account must be paid monthly to BDC. In the event the interest paid to the BDC amounts to less than fifty thousand dollars in any year, the difference between the amount paid from interest and fifty thousand dollars must be paid to the BDC from the state fund account, if available, in January of the following year: (1) as compensation for its administration and management of the CAP and the accounts; and (2) for economic development in South Carolina for the purposes and within the meanings set forth in this chapter and in the corporate charter of BDC. Effect of Amendment 2015 Act No. 60, SECTION 1, added the second sentence in the first paragraph, relating to interest amounts to less than fifty thousand dollars.