South Carolina Code § 35-2-223

Interested shareholder on the effective date of this chapter; application of article.
Open in Lexace · Ask the AI about this section
This article does not apply to any business combination with an interested shareholder who was an interested shareholder on the effective date of this chapter.
Editor's Note
1988 Act No. 444 SECTION 6 provides as follows:
"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."

‹ 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.