South Carolina Code § 33-37-440

Powers of stockholders and members.
Open in Lexace · Ask the AI about this section
The stockholders and the members of the corporation shall have the following powers of the corporation:
(1) to elect directors;
(2) to make, amend, and repeal bylaws;
(3) to amend the charter; and
(4) to exercise those powers of the corporation as may be conferred on the stockholders and the members by the bylaws.
Effect of Amendment
2015 Act No. 60, SECTION 1, in (1) through (4), changed "To" to lower case; in (2), inserted a comma following "amend"; and in (4), substituted "those powers" for "such other of the powers".

‹ Prev All South Carolina sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.