{"data":{"id":"us-sc/s.c.-code-ann.-33-10-108","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-10-108","heading":"Amendment pursuant to reorganization.","body":"(a) A corporation's articles of incorporation may be amended without action by the board of directors or shareholders to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under federal statute if the articles of incorporation after amendment contain only provisions required or permitted by Section 33-2-102.\n(b) The individual designated by the court shall deliver to the Secretary of State for filing articles of amendment setting forth:\n(1) the name of the corporation;\n(2) the text of each amendment approved by the court;\n(3) the date of the court's order or decree approving the articles of amendment;\n(4) the title of the reorganization proceeding in which the order or decree was entered; and\n(5) a statement that the court had jurisdiction of the proceeding under federal statute.\n(c) Shareholders of a corporation undergoing reorganization do not have dissenters' rights except as and to the extent provided in the reorganization plan.\n(d) This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 10 Amendment of Articles of Incorporation and Bylaws","ARTICLE 1 Amendment of Articles of Incorporation"],"source_url":"https://www.scstatehouse.gov/code/t33c010.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:03:04Z","sha256":"84d06f63769d947156a0cb1d4d7cdb82edae62819a384b641d8a6d8c3a699d71","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-10-107","next":"us-sc/s.c.-code-ann.-33-10-109"},"notice":"GroundRules: Original legal text. Not legal advice."}