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S.C. Code Ann. § 33-18-230

Annual meeting

Applied in 1 court decision — leading case Hunting v. Elders (2004)

Most recently applied in Hunting v. Elders (April 2004)

1988 Act No. 444, SECTION 2.

(a) The annual meeting date for a statutory close corporation is the first business day after May thirty-first unless its articles of incorporation, bylaws, or a shareholder agreement authorized by Section 33-18-200 fixes a different date.

(b) A statutory close corporation need not hold an annual meeting unless one or more shareholders deliver written notice to the corporation requesting a meeting at least thirty days before the meeting date determined under subsection (a).

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.