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.
S.C. Code Ann. § 35-2-223
Interested shareholder on the effective date of this chapter; application of article
1988 Act No. 444, SECTION 5, eff April 22, 1988.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.