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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-10-105: Amendment before issuance of shares.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 10 Amendment of Articles of Incorporation and Bylaws
  3. ARTICLE 1 Amendment of Articles of Incorporation

(a) If a corporation has not yet issued shares, its board of directors or, if directors have not been named, its incorporators may adopt amendments to the corporation's articles of incorporation by a unanimous vote.

(b) If any amendment permitted by subsection (a) effects a material change in the articles of incorporation, subscribers not assenting to the amendment may rescind their subscriptions without liability, notwithstanding any contrary provision of the subscription agreement or Chapters 1 thru 20 of this title.

Collected 2026-09-02T07:03:04Z. Source file · JSON

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