Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONSChapter 8 - DIRECTORS AND OFFICERS
Article 1 - BOARD OF DIRECTORS
Section 33-8-104 - Election of directors by certain classes of shareholders

S.C. Code § 33-8-104

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Current through 2024 Act No. 225.
Section 33-8-104 - Election of directors by certain classes of shareholders

If the articles of incorporation authorize dividing the shares into classes, the articles also may authorize the election of all or a specified number of directors by the holders of one or more authorized classes of shares. A class of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.

S.C. Code § 33-8-104

1988 Act No. 444, Section 2; Repealed, 1988 Act No. 444, Section 2]; 1981 Act No. 146, Section 2; 1963 (53) 327; 1962 (52) 1996; Derived from 1976 Code Section 33-13-50 [1962 Code Section 12-18.5.