reglab/housing_qa huggingface dataset:
SC Code § 35-1-810 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-810. Notification of agencies.

 If a qualified individual reasonably believes that the financial exploitation of an eligible adult may have occurred, may have been attempted, or is being attempted, then the qualified individual may promptly notify the agencies.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-1-820 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-820. Immunity from administrative and civil liability arising from a disclosure pursuant to Section 35-1-810.

 A qualified individual who, in good faith and exercising reasonable care, makes a disclosure of information pursuant to Section 35-1-810 shall be immune from any administrative or civil liability that might otherwise arise from such a disclosure or from the failure to notify an eligible adult of such a disclosure.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-1-830 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-830. Disclosure of financial exploitation to designated third party.

 If a qualified individual reasonably believes that the financial exploitation of an eligible adult may have occurred, may have been attempted, or is being attempted, then the qualified individual may notify any third party previously designated by the eligible adult or, if such a person has not been designated or cannot be contacted, a reasonably associated individual. Disclosure may not be made to any designated third party that is suspected of the financial exploitation or other abuse of the eligible adult.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-1-840 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-840. Immunity from administrative and civil liability arising from a disclosure pursuant to Section 35-1-830.

 A qualified individual who, in good faith and exercising reasonable care, complies with Section 35-1-830 shall be immune from any administrative or civil liability that might otherwise arise from such a disclosure.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-1-850 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-850. Delay of a disbursement or transaction due to suspected financial exploitation.

 (A) A broker-dealer or investment adviser may delay a disbursement from, or a transaction in connection with, an account of an eligible adult or an account on which an eligible adult is a beneficiary if:  (1) the broker-dealer, the investment adviser, or a qualified individual reasonably believes that, after initiating an internal review of the requested disbursement or transaction and the suspected financial exploitation, the requested disbursement or transaction may result in the financial exploitation of the eligible adult; and  (2) the broker-dealer or investment adviser:  (a) immediately, and in no event more than two business days after the requested disbursement or transaction is delayed, provides written notification of the delay and the reason for the delay to all parties authorized to transact business on the account, unless any such party is reasonably believed to have engaged in the suspected or attempted financial exploitation of the eligible adult;  (b) immediately, and in no event more than two business days after the requested disbursement or transaction is delayed, notifies the agencies; and  (c) continues an internal review of the suspected or attempted financial exploitation of the eligible adult, as necessary, and provides status updates to the agencies upon request.  (B) Any delay of a disbursement or transaction as authorized by this section will expire upon the sooner of:  (1) a determination by the broker-dealer or investment adviser that the disbursement or transaction will not result in the financial exploitation of the eligible adult; or  (2) thirty business days after the date on which the broker-dealer or investment adviser first delayed the requested disbursement or transaction, unless either of the agencies requests that the broker-dealer or investment adviser extends the delay, in which case the delay shall expire no more than fifty-five business days after the date on which the broker-dealer or investment adviser first delayed the disbursement or transaction, unless sooner terminated or extended by either of the agencies or an order of a court of competent jurisdiction.  (C) The Court of Common Pleas may enter an order extending the delay of the disbursement or transaction, or may order other protective relief based on the petition of either of the agencies, the broker-dealer or investment adviser that initiated the delay under this section, or another interested party.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-1-860 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-860. Immunity from administrative and civil liability arising from a delay pursuant to Section 35-1-850.

 A qualified individual who, in good faith and exercising reasonable care, complies with Section 35-1-850 shall be immune from any administrative or civil liability that might otherwise arise from such delay of a requested disbursement or transaction.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-1-870 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-870. Access to or copies of records relevant to suspected or attempted financial exploitation of an eligible adult to agencies or law enforcement; records not available for public examination.

 A broker-dealer or investment adviser shall provide access to or copies of records that are relevant to the suspected or attempted financial exploitation of an eligible adult to the agencies or to law enforcement, as part of a referral to either the agencies or to law enforcement pursuant to an investigation. The records may include historical records, as well as records relating to the most recent transaction or transactions that may comprise the financial exploitation of an eligible adult. All records made available to the agencies under this section are not public records and are not available for public examination. Nothing in this section shall limit or otherwise impede the authority of the Securities Division of the Office of the Attorney General from accessing or examining the books and records of broker-dealers and investment advisers as otherwise provided by law.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-1-880 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 1 - South Carolina Uniform Securities Act Of 2005|Section 35-1-880. No protection for qualified individuals participating in or materially aiding the financial exploitation of an eligible adult.

 Nothing in this article is intended to, nor does it limit or shield in any manner, a qualified individual from civil liability against any claim, including reasonable attorneys' fees, costs, and litigation expenses, for participating in or materially aiding the financial exploitation of an eligible adult. Any such claims shall be asserted by the eligible adult, or on his behalf by an appropriate guardian or representative who is not involved in or otherwise suspected of participating in the financial exploitation of the eligible adult, by filing a civil action in circuit court.  HISTORY: 2021 Act No. 84 (S.425), Section 2, eff May 18, 2021.
SC Code § 35-2-101 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-101. "Control shares" defined.

 As used in this article, "control shares" means shares that, except for this article, would have voting power with respect to shares of an issuing public corporation that, when added to all other shares of the issuing public corporation owned by a person or in respect to which that person may exercise or direct the exercise of voting power would entitle that person, immediately after acquisition of the shares (directly or indirectly, alone or as a part of a group), to exercise or direct the exercise of the voting power of the issuing public corporation in the election of directors within any of the following ranges of voting power:  (1) one-fifth or more but less than one-third of all voting power;  (2) one-third or more but less than a majority of all voting power;  (3) a majority or more of all voting power.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.  Editor's Note  1988 Act No. 444, Section 6 provides as follows:  "Section 6. For purposes of this act, when the terms 'effective date of this chapter' or 'effective date of this article' or similar derivations thereof are used in Chapter 2, Title 35 of the 1976 Code, as contained in Section 5 of this act, these terms must be construed to mean the effective date of the amendments to Chapter 2 of Title 35 as contained in this act."
SC Code § 35-2-102 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-102. "Control share acquisition" defined.

 (a) As used in this article, "control share acquisition" means the acquisition (directly or indirectly) by any person of ownership of, or the power to direct the exercise of voting power with respect to, issued and outstanding control shares.  (b) For purposes of this section, shares acquired within ninety days or shares acquired pursuant to a plan to make a control share acquisition are considered to have been acquired in the same acquisition.  (c) For purposes of this section, a person who acquires shares in the ordinary course of business for the benefit of others in good faith and not for the purpose of circumventing this article has voting power only of shares in respect of which that person would be able to exercise or direct the exercise of votes without further instruction from others.  (d) The acquisition of any shares of an issuing public corporation does not constitute a control share acquisition if the acquisition is consummated in any of the following circumstances:  (1) before the effective date of this chapter;  (2) pursuant to a contract existing before the effective date of this chapter;  (3) pursuant to the laws of descent and distribution;  (4) pursuant to the satisfaction of a pledge or other security interest created in good faith and not for the purpose of circumventing this article;  (5) pursuant to a merger or plan of share exchange in compliance with law if the issuing public corporation is a party to the agreement of merger or plan of share exchange.  (e) The acquisition of shares of an issuing public corporation in good faith and not for the purpose of circumventing this article by or from:  (1) any person whose voting rights had previously been authorized by shareholders in compliance with this article; or  (2) any person whose previous acquisition of shares of an issuing public corporation would have constituted a control share acquisition but for subsection (d) does not constitute a control share acquisition, unless the acquisition entitles any person (directly or indirectly, alone or as a part of a group) to exercise or direct the exercise of voting power of the corporation in the election of directors in excess of the range of the voting power otherwise authorized.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-103 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-103. "Interested shares" defined; "Exchange Act" defined.

 (A) As used in this article, "interested shares" means the shares of an issuing public corporation in respect of which any of the following persons may exercise or direct the exercise of the voting power of the corporation in the election of directors:  (1) an acquiring person or member of a group with respect to a control share acquisition;  (2) any officer of the issuing public corporation;  (3) any employee of the issuing public corporation who is also a director of the corporation.  (B) As used in this article, "Exchange Act" means the act of Congress known as the Securities Exchange Act of 1934, as amended.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-104 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-104. "Issuing public corporation" defined.

 (a) As used in this article, "issuing public corporation" means a domestic corporation that has either:  (1) a class of voting shares registered with the Securities and Exchange Commission or another federal agency under Section 12 of the 1934 Exchange Act; and  (2) its principal place of business, its principal office, or substantial assets within South Carolina; and either:  (A) more than ten percent of its shareholders resident in South Carolina;  (B) more than ten percent of its shares owned by South Carolina residents; or  (C) ten thousand shareholders resident in South Carolina.  (b) The residence of a shareholder is presumed to be the address appearing in the records of the corporation.  (c) Shares held by banks (except as trustee or guardian), brokers, or nominees must be disregarded for purposes of calculating the percentages or numbers described in this section.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988; 1990 Act No. 446, Section 9, eff May 7, 1990.  Effect of Amendment  The 1990 amendment in subsection (a), item (1), inserted "or another federal agency" and substituted "and" for "or" at the end; deleted the provisions of former items (2) and (3), and renumbered former item (4) as item (2).
SC Code § 35-2-105 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-105. Voting rights under Section 35-2-109.

 Unless the corporation's articles of incorporation or bylaws provide that this article does not apply to control share acquisitions of shares of the corporation before the control share acquisition, control shares of an issuing public corporation acquired in a control share acquisition have only those voting rights as are conferred by Section 35-2-109.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-106 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-106. Acquiring person statement.

 Any person who proposes to make or has made a control share acquisition may at the person's election deliver an acquiring person statement to the issuing public corporation at the issuing public corporation's principal office. The acquiring person statement must set forth all of the following:  (1) the identity of the acquiring person and each other member of any group of which the person is a part for purposes of determining control shares;  (2) a statement that the acquiring person statement is given pursuant to this article;  (3) the number of shares of the issuing public corporation owned (directly or indirectly) by the acquiring person and each other member of the group;  (4) the range of voting power under which the control share acquisition falls or, if consummated, would fall;  (5) if the control share acquisition has not taken place:  (A) a description in reasonable detail of the terms of the proposed control share acquisition; and  (B) representations of the acquiring person, together with a statement in reasonable detail of the facts upon which they are based, that the proposed control share acquisition, if consummated, will not be contrary to law, and that the acquiring person has the financial capacity to make the proposed control share acquisition.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-107 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-107. Special meeting of shareholders.

 (a) If the acquiring person requests at the time of delivery of an acquiring person statement and gives an undertaking to pay the corporation's expenses of a special meeting, within ten days thereafter, the directors of the issuing public corporation shall call a special meeting of shareholders of the issuing public corporation for the purpose of considering the voting rights to be accorded the shares acquired or to be acquired in the control share acquisition.  (b) Unless the acquiring person agrees in writing to another date, the special meeting of shareholders must be held within fifty days after receipt by the issuing public corporation of the request.  (c) If no request is made, the voting rights to be accorded the shares acquired in the control share acquisition must be presented to the next special or annual meeting of shareholders.  (d) If the acquiring person requests in writing at the time of delivery of the acquiring person statement, the special meeting must not be held sooner than thirty days after receipt by the issuing public corporation of the acquiring person statement.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-108 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-108. Notice of shareholder meeting.

 (a) If a special meeting is requested, notice of the special meeting of shareholders must be given as promptly as reasonably practicable by the issuing public corporation to all shareholders of record as of the record date set for the meeting, whether or not entitled to vote at the meeting.  (b) Notice of the special or annual shareholder meeting at which the voting rights are to be considered must include or be accompanied by both of the following:  (1) a copy of the acquiring person statement delivered to the issuing public corporation pursuant to this article;  (2) a statement by the board of directors of the corporation, authorized by its directors, of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the proposed control share acquisition.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-109 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-109. Voting rights of acquired control shares; resolution.

 (a) Control shares acquired in a control share acquisition have the same voting rights as were accorded the shares before the control share acquisition only to the extent granted by resolution approved by the shareholders of the issuing public corporation.  (b) To be approved under this section, the resolution must be approved by:  (1) each voting group entitled to vote separately on the proposal by a majority of all the votes entitled to be cast by that voting group, with the holders of the outstanding shares of a class being entitled to vote as a separate voting group if the proposed control share acquisition, if fully carried out, would result in any of the following changes:  (i) increase or decrease the aggregate number of authorized shares of the class;  (ii) effect an exchange or reclassification of all or part of the shares of the class into shares of another class;  (iii) effect an exchange or reclassification, or create the right of exchange, of all or part of the shares of another class into shares of the class;  (iv) change the designation, rights, preferences, or limitations of all or part of the shares of the class;  (v) change the shares of all or part of the class into a different number of shares of the same class;  (vi) create a new class of shares having rights or preferences with respect to distributions or to dissolution that are prior, superior, or substantially equal to the shares of the class;  (vii) increase the rights, preferences, or number of authorized shares of any class that, after giving effect to the amendment, have rights or preferences with respect to distributions or to dissolution that are prior, superior, or substantially equal to the shares of the class;  (viii) limit or deny an existing preemptive right of all or part of the shares of the class; or  (ix) cancel or otherwise affect rights to distributions or dividends that have accumulated but not yet been declared on all or part of the shares of the class; and  (2) each voting group entitled to vote separately on the proposal by a majority of all the votes entitled to be cast by that group, excluding all interested shares.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-110 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-110. Redemption of acquired control shares.

 (a) If authorized in a corporation's articles of incorporation or bylaws before a control share acquisition has occurred, control shares acquired in a control share acquisition with respect to which no acquiring person statement has been filed with the issuing public corporation, at any time during the period ending sixty days after the last acquisition of control shares by the acquiring person, may be subject to redemption by the corporation at the fair value thereof pursuant to the procedures adopted by the corporation.  (b) Control shares acquired in a control share acquisition are not subject to redemption after an acquiring person statement has been filed unless the shares are not accorded full voting rights by the shareholders as provided in Section 35-2-109.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.
SC Code § 35-2-111 (2021)
2021 South Carolina Code of Laws|Title 35 - Securities|Chapter 2 - Control Share Acquisitions; Business Combinations|Section 35-2-111. Dissenters' rights; "fair value" defined.

 (a) Unless otherwise provided in a corporation's articles of incorporation or bylaws before a control share acquisition has occurred, in the event control shares acquired in a control share acquisition are accorded full voting rights and the acquiring person has acquired control shares with a majority or more of all voting power, all shareholders of the issuing public corporation have dissenters' rights to receive fair value for their shares as provided in this article.  (b) As soon as practicable after these events have occurred, the board of directors shall cause a notice to be sent to all shareholders of the corporation advising them of the facts and that they have dissenters' rights to receive the fair value of their shares.  (c) As used in this section, 'fair value' with respect to a dissenter's shares, means the value of the shares immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation of the corporate action unless exclusion would be inequitable. The value of the shares is to be determined by techniques that are accepted generally in the financial community, except that this value may not be less than the highest price paid per share by the acquiring person in the control share acquisition.  HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.